Meaning of UNIT TRUST
| Pronunciation: | | 'yoonit trust
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 WordNet Dictionary |
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[n] a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities; "you can invest in a unit investment trust for as little as $1000" |
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| | Synonyms: | | unit investment trust |
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| | See Also: | | fund, investment company, investment firm, investment trust | |
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