English dictionary
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English noun: unit investment trust | |||
| 1. | unit investment trust (group) a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities | ||
| Samples | You can invest in a unit investment trust for as little as $1000. | ||
| Synonyms | unit trust | ||
| Broader (hypernym) | fund, investment company, investment firm, investment trust | ||
Based on WordNet 3.0 copyright © Princeton University.
Web design: Orcapia v/Per Bang. English edition: .
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Web design: Orcapia v/Per Bang. English edition: .
2024 onlineordbog.dk