HyperDicEnglishUNIT ... unit investment trust

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Related WikiPedia: unit investment trust
English 1 sense of the expression unit investment trust:
NOUNgroupunit investment trust, unit trusta regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
Englishunit investment trust: 1 sense noun 1, group
MeaningA regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities.
Example"you can invest in a unit investment trust for as little as $1000"
Synonymunit trust
Broaderinvestment company, investment trust, investment firm, fundA financial institution that sells shares to individuals and invests in securities issued by other companies

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