Library / English Dictionary

    FIXED INVESTMENT TRUST

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    An investment trust that can buy only those securities listed when the trust was organizedplay

    Synonyms:

    fixed investment trust; nondiscretionary trust

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("fixed investment trust" is a kind of...):

    fund; investment company; investment firm; investment trust (a financial institution that sells shares to individuals and invests in securities issued by other companies)

    Credits


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