growth-and-income
UK[ˌɡrəʊθ ən ˈɪnkʌm]US[ˌɡroʊθ ən ˈɪnkʌm]
adj
relating to or being an investment fund or strategy that aims to achieve both capital appreciation (growth) and regular dividend or interest payments (income).
Etymology
the term is a modern financial compound, originating in the mid-20th century to describe a hybrid investment objective. 'growth' derives from the old english 'grōwan' (to grow), a germanic verb with proto-indo-european roots meaning 'to become green' or 'flourish'. 'income' entered english from the old french phrase 'en venir' (to come in), itself from latin 'in-' (in) and 'venīre' (to come), describing money that 'comes in'. the hyphenated construction 'growth-and-income' logically combines these two core financial concepts—the increase in asset value and the inflow of cash—into a single descriptive label for a balanced investment approach, reflecting a portfolio's dual aims.
Analysis
this is a hyphenated compound adjective formed from two established english nouns, 'growth' and 'income', joined by the coordinating conjunction 'and'. it functions as a single lexical unit in financial terminology.
Examples
she invested in a growth-and-income mutual fund to balance her portfolio.
the financial advisor recommended a growth-and-income strategy for retirees seeking both stability and appreciation.
this fund's objective is clearly stated as growth-and-income, targeting long-term capital gains alongside quarterly dividends.