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[Medieval Latin investire, from Latin, to clothe, from in- in + vestis garment]
1 : to install in an office or position
2 a : to furnish with or formally grant power or authority
b : to grant someone control or authority over
vb [Italian investire to clothe, invest money, from Latin, to clothe]
1 : to commit (money) in order to earn a financial return
2 : to make use of for future benefits or advantages
: to commit funds or purchase something of intrinsic value for future gain
: make an investment often used with in [ing in precious metals]
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.