English > investment trust: 1 sense > noun 1, group| Meaning | A financial institution that sells shares to individuals and invests in securities issued by other companies. |
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| Synonyms | investment company, investment firm, fund |
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| Narrower | Real Estate Investment Trust, REIT | An investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets |
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| closed-end fund, closed-end investment company | A regulated investment company that issues a fixed number of shares which are listed on a stock market |
| face-amount certificate company | A regulated investment company that pays a stated amount to certificate holders on a stated maturity date |
| hedge fund, hedgefund | A flexible investment company for a small number of large investors (usually the minimum investment is $1 million) |
| mutual fund, mutual fund company, open-end fund, open-end investment company | A regulated investment company with a pool / pool of assets that regularly sells and redeems its shares |
| nondiscretionary trust, fixed investment trust | An investment trust that can buy only those securities listed when the trust was organized |
| unit investment trust, unit trust | A regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities |
| Broader | nondepository financial institution | A financial institution that funds their investment activities from the sale of securities or insurance |
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| Spanish | compañía de inversiones |
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