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unit trust

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.27 sec.
unit trust
Noun
Brit & Austral an investment trust that issues units for public sale and invests the money in many different businesses
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
Spanish unit trust n (BRIT) → bono fiduciario
French unit trust n (Brit) (Comm) → fonds commun de placement, FCP m
German unit trust (Brit) n (Comm) → Investmenttrust m
Italian unit trust n (BRIT ) (COMM) → fondo d'investimento
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