investment trust(redirected from closed-end trust)
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(Banking & Finance) a financial enterprise that invests its subscribed capital in securities for its investors' benefit
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|Noun||1.||investment trust - a financial institution that sells shares to individuals and invests in securities issued by other companies|
hedge fund, hedgefund - a flexible investment company for a small number of large investors (usually the minimum investment is $1 million); can use high-risk techniques (not allowed for mutual funds) such as short-selling and heavy leveraging
mutual fund company, open-end fund, open-end investment company, mutual fund - a regulated investment company with a pool of assets that regularly sells and redeems its shares
closed-end fund, closed-end investment company - a regulated investment company that issues a fixed number of shares which are listed on a stock market
face-amount certificate company - a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
Real Estate Investment Trust, REIT - an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market
unit investment trust, 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"
nondepository financial institution - a financial institution that funds their investment activities from the sale of securities or insurance