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Defenition of the word unit trust

    • Defenition of the word unit trust

      • 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"
      • a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities

    Hypernyms for the word unit trust

      • fund
      • investment company
      • investment firm
      • investment trust

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