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Definitions and Synonyms of unit trust | Another word for unit trust | What is unit trust?

Definition 1: a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities - [noun denoting group]

Samples where unit trust or its synonyms are used according to this definition

  • you can invest in a unit investment trust for as little as $1000

Synonyms for unit trust in the sense of this definition

(unit trust is a kind of ...) a financial institution that sells shares to individuals and invests in securities issued by other companies

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