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unit trust

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
unit trust
n
(Economics, Accounting & Finance / Banking & Finance) Brit an investment trust that issues units for public sale, the holders of which are creditors and not shareholders with their interests represented by a trust company independent of the issuing agency
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.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"
unit investment trust
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies
Translations
unit trust n (Brit) (Fin) → fondo d'investimento
unit trust n (Brit) (Fin) → fondo d'investimento


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