designated investment
Translation- designated investment
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A security or a contractually-based investment (other than a funeral plan contract and a right to or interest in a funeral plan contract), that falls within Part III of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544) (as amended). Such investments include life policies, shares, debentures, government and public securities, warrants, certificates representing certain securities, unit stakeholder pension schemes, options, futures or contracts for differences (contract for difference).Related links
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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