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Longman Dictionary of Contemporary English
invest
verb
COLLOCATIONS FROM OTHER ENTRIES
buy/invest in shares
▪ I bought some shares in British Gas five years ago.
COLLOCATIONS FROM CORPUS
■ ADVERB
heavily
▪ Since 1979 we have invested heavily to secure that status.
▪ Clinton had invested heavily in Peres' election prospects.
▪ Experts said it was the first test for the new, small speculators who have invested heavily in dot.com enterprises.
▪ The new head of customer service and quality for example, fell into a classic trap by investing heavily in up-front training.
▪ Marconi has had to invest heavily in developing new products to keep in step with rivals such as Nortel and Alcatel.
▪ Another pocket of gloom was among managers who invested heavily abroad.
▪ Both companies have also invested heavily in the renewables industry in the last few years.
▪ This trend went hand-in-hand with another, that of investing heavily in the making of high-technology weaponry for the Pentagon.
in
▪ What we invest in is always of great interest to such countries.
▪ After a short while he identified a small bacon-curing business that he felt was worth investing in.
▪ Presumably, they picked the fund because it invested in what they wanted to invest in.
▪ You can put together a pick-and-mix Isa, investing in as many as 14 different funds.
▪ The whole consumer and retailing area can be a very exciting area to invest in.
▪ Money was invested in virtually any company with a credible story of what they were going to do on the internet.
more
▪ Individuals tended to invest more, with an increased demand for certificates of deposit.
▪ Encourage business to invest more in worker retraining.
▪ The flip side is also true: if budgets showed the cross-departmental impact, governments might invest more in prevention.
▪ Each year we invest more in marketing to support our brands.
▪ They have invested more in plant and equipment, especially computers and other high-tech gear.
▪ It is understood that funds will be forced to invest more widely across the economy.
▪ Firms will invest more and bring more to market only if they get a higher price from consumers.
■ NOUN
amount
▪ In any event, you could find yourself with a substantial amount to invest.
▪ Getting in costs 5 percent of the amount invested.
▪ The ideal for each investor will vary according to the amount available to invest and individual risk tolerance.
▪ Because of tax changes the amount you can invest has changed over the years.
▪ But the maximum amount that can be invested is £18 a month.
▪ There are Inland Revenue rules as to the amount you can invest, which varies according to your age.
asset
▪ It then borrows the capital required and invests it in the asset.
▪ But these conditions do not exist where the original parties have invested in transaction-specific assets.
▪ The Treasury is required to invest assets of those trust funds in government securities, which count against the debt limit.
▪ Legislative acts that levied taxes and defined benefits have never contained any provisions for investing in assets to provide future benefits.
billion
▪ Official government statistics, for example, show that Hong Kong residents had invested $ 2 billion in California as of 1994.
▪ Since 1937, the federal government has invested about $ 90 billion in its public housing inventory.
business
▪ Foreign businesses, which have invested heavily in Britain over the past few years, were not left out yesterday.
▪ Encourage business to invest more in worker retraining.
▪ Inner-city degradation requires the responsible confidence of local business to plan and invest in schemes of regeneration.
▪ They say their business makes sense for winners who need immediate cash to pay off debts, start up businesses or invest.
capital
▪ Profit figures become merely amounts which can be spent without impairing initial capital invested.
▪ The inveterate entrepreneur and a trio of venture capital firms in January invested $ 5 million in Healthscape Inc.
▪ Consequently, case and statute law was made which prevented distribution of capital invested.
▪ Of the $ 19.5 billion in venture capital invested nationwide, 95 percent was in technology-based companies.
▪ The criterion is the number of years before the pre-tax cash receipts from the project pay back the capital invested.
▪ The line therefore decreases as a function of the dollars of capital invested.
▪ In historic cost accounting, capital is measured as the initial capital invested.
▪ Large corporations will look for these businesses to create value by providing a return exceeding the cost of capital invested in them.
cash
▪ So shop around carefully before investing your cash.
▪ The last thing you want to worry about when you invest your hard-earned cash is whether your adviser is trustworthy.
▪ In essence, investors buy shares in companies, which in turn invest this cash and accumulate the interest generated.
company
▪ Work was halted in 1992 when one of the oil company partners investing in the development pulled out.
▪ Docherty declined to say how much the companies are investing together in expanding the network.
▪ Instead, the company is investing in alternative object-based technology for System 7 and other environments.
▪ The company also plans to invest in some of its remaining 11 refineries to make them more efficient.
▪ The company invests in industrial, commercial and service ventures with a strong emphasis in textiles.
▪ Several of the companies she is investing in are on-line services.
▪ The phone companies have invested in technologies and strategic alliances designed to enter the business.
development
▪ Work was halted in 1992 when one of the oil company partners investing in the development pulled out.
▪ Store openings A total of £643 million was invested in store development.
▪ Not only has this industry failed to invest in new-product development in the past, it has had to adopt electronics too.
▪ Most City firms rent their office space from the big institutions that invest in commercial developments.
▪ This adds to the importance of investing in the development of managers of the right calibre.
▪ Rather, it would intervene where needed and invest in research and development and training, he said.
dollar
▪ They had invested millions of dollars and lives in this war, and this meant that they could not extract themselves easily.
▪ The city has invested millions of dollars of 1988 bond funds in the museum.
▪ Both have the choice of investing their dollar funds in domestic or in external money markets.
▪ Bruck and his colleagues had invested some three million dollars on site preparations, facilities, and equipment on Mount Mitchell.
▪ The fund is 45 p.c. invested in dollars, 20 p.c. in yen and 35 p.c. sterling.
▪ Previously, people invested in dollars during high inflation because the ruble steadily depreciated.
▪ He noted Telmex had invested billions of dollars to upgrade its's technology and add new lines in recent years.
education
▪ By investing in education, we nourish the talents of children and lay the basis for future success.
▪ This new and expanded role for employees will exert enormous pressures on employees and companies alike to invest in education and retraining.
▪ However, there are also positive grounds for governments to invest in education and training for independence and employment.
▪ If you talk about people helping themselves, I guess the first thing is investing in education and health.
▪ Governments throughout the world are investing more in education and training.
▪ Furthermore, they may be reluctant to invest in expensive post-registration education funding.
effort
▪ Aristocratic families traditionally invest more thought and effort in educating boys than girls.
▪ Perhaps, Perry thought, the company should have invested some time and effort in that touchy-feely team-building stuff.
▪ The rewards to be had from investing the time and effort are pretty good, however.
▪ But clearly, some speakers invest more effort in the communication process than others.
equipment
▪ Lesley plans to invest the money in equipment for the business and marketing.
▪ We stopped investing in new farm equipment, in production lines, in new products.
▪ If the registry manager wants to invest in new equipment or more clerks, he has to convince the legislature.
▪ Not only are we investing in capital equipment and premises, we are also building for the future by investing in people.
▪ He has invested in the high-tech equipment necessary to properly perform and still be a leader in speed and cost.
▪ The company has also invested £100,000 in mobile equipment and can now loads ships at the rate of 5,000 tonnes a day.
firm
▪ In the 1960s some firms started investing abroad in forms that linked together production, trade and finance.
▪ The firm was investing in the whole insurance industry.
▪ Co. investment firm specializes in vulture investing.
▪ For now, attention is focused on the first two reasons why firms invest, rather than rely purely on third-party trade.
▪ The inveterate entrepreneur and a trio of venture capital firms in January invested $ 5 million in Healthscape Inc.
fund
▪ The fund invests in money market deposits with a range of banks and financial institutions.
▪ Associates introduced a new fund to invest in technology stocks amid sneers and snickers from analysts and rival fund groups.
▪ There are also funds investing in much smaller economies representing 1 percent or less of world capitalisation.
▪ Life insurance funds invest more in fixed interest securities because a large part of their liabilities is in nominal terms.
▪ But women took an equally active interest in the policies of the firms where their funds were invested.
▪ The time period that funds can be invested is critical in maximizing the returns from investments.
▪ The guide will reveal how much the Magellan Fund had invested in tech stocks as of Nov. 30.
funds
▪ There are also funds investing in much smaller economies representing 1 percent or less of world capitalisation.
▪ But from 11 October personal pension schemes may introduce facilities allowing scheme members to direct how funds are to be invested.
▪ But women took an equally active interest in the policies of the firms where their funds were invested.
▪ The first will aim to remove restrictions on where the funds can invest, and who can manage them.
▪ These are educational trust funds, invested in Nicholas and Janus Worldwide.
▪ Life insurance funds invest more in fixed interest securities because a large part of their liabilities is in nominal terms.
▪ Parental trust funds are invested in the capital markets.
government
▪ Huge amounts of government money should be invested to turn it into the national effort.
▪ But no one is talking about the Government investing in a public-private partnership to keep Longbridge open.
▪ Is it not about time that the Government invested in Cleveland's schools?
▪ The flip side is also true: if budgets showed the cross-departmental impact, governments might invest more in prevention.
▪ The Government will continue to invest in a strong infrastructure, and boost technology expertise in the regions.
▪ Since 1937, the federal government has invested about $ 90 billion in its public housing inventory.
incentive
▪ In turn, government should provide industry with incentives to invest in innovation.
▪ Also, will more efficient personal transportation detract from incentives to invest in mass transit?
▪ That provides not an incentive to invest but a disincentive - a penalty.
▪ Tiny producers, for example, have little incentive to invest large sums in artificial insemination in order to breed better cattle.
industry
▪ He invested the endorsement industry and his shoe contract was spoken of with awe.
▪ This does not mean, however, that one should invest in that declining industry beyond the level justified by short-run returns.
▪ The government should invest in these industries rather than propping up increasingly fickle, unsustainable industries at times of crisis.
▪ You may simply wish to borrow from a lender who does not invest in industries that exploit people or animals.
▪ For too long, governments have invested the industry with a special mystique.
▪ The difference is that, far from investing in our own industry, the Government of this country is slaughtering it.
▪ They can provide extension services for farmers and invest in industries to process agricultural products.
investor
▪ At Dunsdale, around £17m of investors funds have gone missing, and again the investors thought they were investing in gilts.
▪ On this basis it makes more sense for an investor to invest in promise than in reality.
▪ The investors are investing in the management and need to be protected against the possibility of their leaving at will.
▪ But over the long haul, by staying put, we have kept our investors invested in good stocks....
▪ The market return minus the risk-free return is the risk premium that investors expect for investing in the market portfolio.
▪ How should the small investor begin to invest in the stock market?
market
▪ You do not invest in the equity market to make capital gains!
▪ You invest in the equity market to provide yourself with a stream of future dividends which will hopefully outpace inflation.
▪ He really wanted to invest in the stock market.
▪ The fund invests in money market deposits with a range of banks and financial institutions.
▪ Parental trust funds are invested in the capital markets.
▪ In contrast, McKinsey says categorically, invest where the market is attractive and where the company is strong.
▪ San Francisco continues to sit on a hot apartment investing market.
million
▪ Emap is to invest £4.4 million in launching and developing the new web business.
▪ The bank plans to invest $ 200 million in the idea.
▪ Additionally, Verio has invested $ 5.6 million in NorthPoint.
▪ Water Co. will invest another $ 16 million, and private financing will provide the rest.
▪ Dura, is investing about $ 13 million in Spiros, giving it a total of about $ 41 million.
▪ However, Lockheed Martin will invest $ 344 million for a 20 percent stake in Loral Space.
▪ The inveterate entrepreneur and a trio of venture capital firms in January invested $ 5 million in Healthscape Inc.
▪ And he has invested almost $ 60 million in this team.
money
▪ Not just the money he'd invested but his allowance from father as well.
▪ Low interest rates boost bonds by making it cheaper to borrow funds in the money market and invest it in bonds.
▪ The money will be invested on upgrading sorting offices and expanding the Post Office vehicle fleet.
▪ Those who have made money have the money and contacts to invest in the new opportunities to make more money.
▪ That money was invested as might be expected of the Tysons.
▪ The two opposed were gentlemen with no money to invest.
▪ Moving to another provider's Tessa will preserve the tax benefits if the money stays invested for five years.
▪ During those eleven seasons in Miami I invested in real estate and lost some money.
percent
▪ Insured life office pension funds are typically more balanced, being invested about 40 percent in bonds.
▪ Kopp has invested 80 percent of his portfolio in technology and enjoyed a 275 percent performance during the past three years.
▪ Under the programme employers would be required to invest at least 0.5 percent of their payroll in training.
▪ Of the $ 19.5 billion in venture capital invested nationwide, 95 percent was in technology-based companies.
▪ If you are over 60, you are allowed to invest up to 40 percent of your earnings.
▪ The Rowe Price fund can invest up to 25 percent of its assets in foreign securities.
plan
▪ Do you want to make regular contributions to an investment plan, or to invest a lump sum?
▪ With automatic investment plan, invest late in month, historically poor time for stocks.
project
▪ Equally, legitimizing insider dealing could encourage managers to invest in risky projects.
▪ Indeed, Mr Burke is already working on one investing project and will undoubtedly be in demand.
▪ Over £4m has already been invested in projects in advance of the Campaign launch.
▪ The government would likely use the funds to invest in projects that generate foreign exchange, Ross said.
▪ The management team, led by the managing director, Peter Dunn, has also invested heavily in the project.
▪ But the private sector invests in projects that are income-generating.
research
▪ We believe in investing in scientific research because it enriches the quality of our lives and provides the feedstock of industrial innovation.
▪ To stay at the forefront, however, it is now necessary to invest in corporate research.
▪ The company is to invest Ir £250m on research and investment and staff training.
▪ They have also failed to invest in research on better feedstuffs.
▪ Rather, it would intervene where needed and invest in research and development and training, he said.
▪ The energy crisis has suddenly made governments show extraordinary interest in investing large sums in research into alternative energy sources.
▪ It is investing heavily in research and development, and is expanding its marketing operation this year.
security
▪ Some residents may be employees of the government or invest in its securities.
▪ It is invested in Treasury securities with a guaranteed monthly rate.
▪ Friday, January 5, 1996 Closedend funds sell a limited number of shares and invest the proceeds in securities.
▪ Members also agreed that investing some surplus Social Security funds in the stock market ought to be seriously considered.
▪ That cash is typically invested in low-risk securities such as certificates of deposit, but Boston Co.
▪ Middle-class families typically spend a lifetime saving, either by investing in securities or by building small businesses.
sum
▪ Major record companies invest vast sums of money in new artists every year.
▪ The followers of this cult are, nevertheless, looking to the future and investing considerable sums of money in it.
▪ First, whether you are investing a lump sum or saving from income, you can never start too soon.
▪ I am 74 years old and when I retired in 1982 I invested my lump sum pension with a brokerage.
▪ There are few more cost-effective ways to invest relatively small sums of money than reinstating the support funding for tourism.
▪ He has done well before and now wants to invest a large sum of money in your operation.
▪ He is set to front a new rescue package, with a mystery backer ready to invest a substantial sum.
▪ You can either invest both the original sum and interest for another fixed term.
technology
▪ Resources Telford College has invested heavily in new technology related to visual communication.
▪ Associates introduced a new fund to invest in technology stocks amid sneers and snickers from analysts and rival fund groups.
▪ In reality, many managers believe these issues can be addressed by merely investing in technology and training.
▪ A rise in wage levels, Barton argued, encouraged employers to invest in labour-saving technology.
▪ We should invest in the technology needed to make these images accessible and usable. 7.
▪ The phone companies have invested in technologies and strategic alliances designed to enter the business.
trust
▪ The money is paid into the trust, which invests it.
■ VERB
allow
▪ If you are over 60, you are allowed to invest up to 40 percent of your earnings.
▪ Now, foreign investors will be allowed to invest up to $ 5 million directly in the market.
continue
▪ Beyond that Spoornet will continue investing steadily to take capacity to 38 million tonnes a year by 2010.
▪ Specifically, investors should diversify with quality stocks and continue to invest for the long pull.
▪ The Government will continue to invest in a strong infrastructure, and boost technology expertise in the regions.
▪ It stretches your resources and endangers your ability to continue and to invest in new opportunities for your business.
▪ InterCity is forecast to continue reducing costs and invest £750million within five years.
▪ And the wealth they continue to invest will continue to create jobs.
▪ We continue to invest in the future to make sure we continue to prosper.
▪ Matching this positive development on the sales side, Lyle continue to invest in quality.
encourage
▪ The government made PEPs tax-free to encourage people to invest in shares.
▪ Foreign companies were to be encouraged to invest.
▪ Equally, legitimizing insider dealing could encourage managers to invest in risky projects.
▪ We will encourage industry to invest in innovation and to improve the provision of seedcorn capital.
▪ What we need is a stable economic climate that encourages companies to invest on a consistent, long-term basis.
▪ Take the credit announced by Gordon Brown last week to encourage pharmaceuticals companies to invest more in drugs for developing countries.
▪ We will encourage school to invest in sports facilities and open them up the local community.
save
▪ This applies even more for expatriates who are getting to grips with saving and investing in a foreign country.
▪ He saved enough to invest in an already up-and-coming business.
▪ This is a particularly important issue for anyone saving and investing overseas to consider.
▪ Middle-class families typically spend a lifetime saving, either by investing in securities or by building small businesses.
▪ Familiarise yourself with the system of financial services regulation in the country in which you are saving and investing.
▪ It is further argued that financial markets fail to reflect the collective rate at which society wants to save and invest.
▪ Ideally, you should look on such money as a bonus and should save or invest it.
▪ Every shilling I saved was invested in cameras and lenses.
want
▪ Third party test facilities are another option for manufacturers which do not want to invest in their own facilities.
▪ If the registry manager wants to invest in new equipment or more clerks, he has to convince the legislature.
▪ Perhaps they all wanted to invest in commercial property.
▪ Presumably, they picked the fund because it invested in what they wanted to invest in.
▪ A few years ago I wanted to invest in a new spindle moulder.
▪ He really wanted to invest in the stock market.
▪ I mean, I want to spend some, but I want to invest some, too.
EXAMPLES FROM OTHER ENTRIES
Investing in property is no longer as safe as it used to be.
▪ He had invested heavily in risky assets like junk bonds.
▪ I invested £5000 in my brother's printing business.
▪ I want to invest the money my aunt left me.
▪ Shares in CMG Information, which invests in Internet-related businesses, declined sharply in the spring.
▪ The Singapore government is interested in investing abroad.
The Collaborative International Dictionary
Invest

Invest \In*vest"\, v. t. [imp. & p. p. Invested; p. pr. & vb. n. Investing.] [L. investire, investitum; pref. in- in + vestire to clothe, fr. vestis clothing: cf. F. investir. See Vest.]

  1. To put garments on; to clothe; to dress; to array; -- opposed to divest. Usually followed by with, sometimes by in; as, to invest one with a robe.

  2. To put on. [Obs.]

    Can not find one this girdle to invest.
    --Spenser.

  3. To clothe, as with office or authority; to place in possession of rank, dignity, or estate; to endow; to adorn; to grace; to bedeck; as, to invest with honor or glory; to invest with an estate.

    I do invest you jointly with my power.
    --Shak.

  4. To surround, accompany, or attend.

    Awe such as must always invest the spectacle of the guilt.
    --Hawthorne.

  5. To confer; to give. [R.]

    It investeth a right of government.
    --Bacon.

  6. (Mil.) To inclose; to surround or hem in with troops, so as to intercept reinforcements of men and provisions and prevent escape; to lay siege to; as, to invest a town.

  7. To lay out (money or capital) in business with the view of obtaining an income or profit; as, to invest money in bank stock.

  8. Hence: To expend (time, money, or other resources) with a view to obtaining some benefit of value in excess of that expended, or to achieve a useful pupose; as, to invest a lot of time in teaching one's children.

Invest

Invest \In*vest"\, v. i. To make an investment; as, to invest in stocks; -- usually followed by in.

Douglas Harper's Etymology Dictionary
invest

late 14c., "to clothe in the official robes of an office," from Latin investire "to clothe in, cover, surround," from in "in, into" (see in- (2)) + vestire "to dress, clothe" (see wear (v.)). The meaning "use money to produce profit" first attested 1610s in connection with the East Indies trade, and is probably a borrowing of Italian investire (13c.) from the same Latin root, via the notion of giving one's capital a new form. The military meaning "to besiege" is from c.1600. Related: Invested; investing.

Wiktionary
invest

Etymology 1 vb. 1 (context dated English) To clothe or wrap (with garments). 2 (context obsolete English) To put on (clothing). 3 To envelop, wrap, cover. 4 To commit money or capital in the hope of financial gain. 5 To spend money, time, or energy into something, especially for some benefit or purpose. 6 To ceremonially install someone in some office. 7 To formally give (someone) some power or authority. 8 To formally give (power or authority). 9 To surround, accompany, or attend. 10 To lay siege to. 11 (context intransitive English) To make investments. 12 (context metallurgy English) To prepare for lost wax casting by creating an investment mold (a mixture of a silica sand and plaster). Etymology 2

n. (context meteorology English) An unnamed tropical weather pattern "to investigate" for development into a significant (named) system.

WordNet
invest
  1. v. make an investment; "Put money into bonds" [syn: put, commit, place] [ant: divest]

  2. give qualities or abilities to [syn: endow, indue, gift, empower, endue]

  3. furnish with power or authority; of kings or emperors [syn: clothe, adorn]

  4. provide with power and authority; "They vested the council with special rights" [syn: vest, enthrone] [ant: divest]

  5. place ceremoniously or formally in an office or position; "there was a ceremony to induct the president of the Academy" [syn: induct, seat]

Wikipedia
Invest (disambiguation)

To invest is to act for the goal of gaining a profitable return.

Invest may also refer to:

  • Invest (meteorology), a potential tropical cyclone
  • INVEST (mnemonic), a mnemonic for the characteristics of a well-formed user story
Invest (meteorology)

An invest in meteorology (short for investigative area, alternatively written INVEST) is a designated area of disturbed weather that is being monitored for tropical cyclone development. Invests are designated by three separate forecast centers: the National Hurricane Center, Central Pacific Hurricane Center and Joint Typhoon Warning Center.

INVEST (mnemonic)

The INVEST mnemonic for agile software projects was created by Bill Wake as a reminder of the characteristics of a good quality Product Backlog Item (commonly written in user story format, but not required to be) or PBI for short. Such a PBI may be used in a Scrum or Kanban backlog or XP project.

Letter

Meaning

Description

I

Independent

The PBI should be self-contained, in a way that there is no inherent dependency on another PBI.

N

Negotiable

PBIs, up until they are part of an iteration, can always be changed and rewritten.

V

Valuable

A PBI must deliver value to the stakeholders.

E

Estimatable

You must always be able to estimate the size of a PBI.

S

Small

PBIs should not be so big as to become impossible to plan/task/prioritize with a certain level of certainty.

T

Testable

The PBI or its related description must provide the necessary information to make test development possible.

Usage examples of "invest".

State, as a condition of doing business within its jurisdiction, may exact a license tax from a telegraph company, a large part of whose business is the transmission of messages from one State to another and between the United States and foreign countries, and which is invested with the powers and privileges conferred by the act of Congress passed July 24, 1866, and other acts incorporated in Title LXV of the Revised Statutes?

She seemed a true incarnation of the spirit of these Australian wilds, which, had they been invested with European romance, would have left his sensuous aestheticism nothing to desire.

A magistrate, invested with such extensive powers, would have appeared not so much the minister, as the colleague of his sovereign.

In the meantime he detached a powerful armament to Italy, where they invested the Imperial fortress of Aula, the garrison of which was obliged to surrender themselves prisoners of war.

But the Azerbaijani man sighed and made a comment that in its simplicity and precision of vocal gesture seemed both to reprise my thoughts and to invest them with the pathos common to all those disoriented by the test of life.

The company consists principally of Baltimoreans, who will reap a harvest commensurate with the capital invested.

Dacce felt a serious flush of anger, not only at the First-Captain but at himself for not being shrewd enough to invest with Bashkir what little savings he had during the time when it was possible.

The extra time would allow Bedford to invest in and attract new industries like tourism.

Pursuing his advantage, he immediately invested Breslau, and within two days after this great victory every thing was in readiness to besiege it in form.

The fallout from the scandal also sent shock waves through a shadowy consortium of power brokers, politicians, and businesspeople, many of whom had invested heavily in the rival firm on the basis of insider knowledge.

My wife and I did invest money with his firm, in a blind trust, as have several Supreme Court justices as well as many Congresspeople, both Democrats and Republicans.

Villana and Carmagnola, and detached the marquis de Feuquieres to invest Coni, a strong fortress garrisoned by the Vaudois and French refugees.

Under the American theory of republican government, conventions of the people, duly elected and accredited as such, are invested with the plenary power inherent in the people of an organized and independent community, assembled in mass.

It is only because military men are invested with pomp and power and crowds of sychophants flatter power, attributing to it qualities of genius it does not possess.

Thus Augustus, after all his fairer prospects had been snatched from him by untimely deaths, rested his last hopes on Tiberius, obtained for his adopted son the censorial and tribunitian powers, and dictated a law, by which the future prince was invested with an authority equal to his own, over the provinces and the armies.