Search Result for "unit trust":
Wordnet 3.0

NOUN (1)

1. a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities;
- Example: "you can invest in a unit investment trust for as little as $1000"
[syn: unit investment trust, unit trust]



WordNet (r) 3.0 (2006):

unit trust
    n 1: 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" [syn: unit
         investment trust, unit trust]