English dictionary
unit trust meaning and definition
Definition and meaning of unit trust at MeaningMonkey.org. unit trust meaning and definition in the English Dictionary.UNIT TRUST noun
Definition of unit trust (noun)
- 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"
- synonyms: unit investment trust
Source: Princeton University Wordnet