HyperDic: fixed_investment_trust

English > 1 sense of the expression fixed investment trust:
NOUNpossessionfixed investment trust, nondiscretionary trustan investment trust that can buy only those securities listed when the trust was organized
English > fixed investment trust: 1 sense > noun 1, possession
MeaningAn investment trust that can buy only those securities listed when the trust was organized.
Synonymnondiscretionary trust
Broaderinvestment company, investment trust, investment firm, fundA financial institution that sells shares to individuals and invests in securities issued by other companies
Spanishsociedad de inversiones en activos fijos

©2001-25 · HyperDic hyper-dictionary · Contact

English | Spanish | Catalan
Privacy | Robots

Valid XHTML 1.0 Strict