Etymology
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invest (v.)

late 14c., "to clothe in the official robes of an office," from Latin investire "to clothe in, cover, surround," from in "in, into" (from PIE root *en "in") + vestire "to dress, clothe," from PIE *wes- (2) "to clothe," extended form of root *eu- "to dress."

The meaning "use money to produce profit" is attested from 1610s in connection with the East Indies trade, and it is probably a borrowing of a special use of Italian investire (13c., from the same Latin root) via the notion of giving one's capital a new form. The figurative sense of "to clothe (with attributes)" is from c. 1600. The military meaning "to besiege, surround with hostile intent" also is from c. 1600. Related: Invested; investing.

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Definitions of invest

invest (v.)
make an investment;
Synonyms: put / commit / place
invest (v.)
give qualities or abilities to;
Synonyms: endow / indue / gift / empower / endue
invest (v.)
furnish with power or authority; of kings or emperors;
Synonyms: clothe / adorn
invest (v.)
place ceremoniously or formally in an office or position;
Synonyms: induct / seat
invest (v.)
provide with power and authority;
Synonyms: vest / enthrone
From wordnet.princeton.edu