American Dictionary of the English Language

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INVEST'MENT, noun The action of investing.

1. Clothes; dress; garment; habit. [We now use vestment.]

2. The act of surrounding, blocking up or besieging by an armed force.

The capitulation was signed by the commander of the fort, within six days after its investment

3. The laying out of money in the purchase of some species

of property; literally, the clothing of money with something.

Before the investment could be made, a change of the market might render it ineligible.