What does captive fund mean?

captive fund meaning in Law Dictionary

fund by which comes back created on investments are immediately gone back to the typical share utilizing the goal of keeping a continuing way to obtain capital available for opportunities.

captive fund meaning in Business Dictionary

A fund that gives financial investment services to a single firm with ownership of a company. The funds are only invested for moms and dad business for a group of people, together with capital arises from efforts from investors. It may be capital raising or private money.