Library / English Dictionary

    UNIT TRUST

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    A regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securitiesplay

    Example:

    you can invest in a unit investment trust for as little as $1000

    Synonyms:

    unit investment trust; unit trust

    Classified under:

    Nouns denoting groupings of people or objects

    Hypernyms ("unit 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


    © 1991-2023 The Titi Tudorancea Bulletin | Titi Tudorancea® is a Registered Trademark | Terms of use and privacy policy
    Contact