UNIT INVESTMENT TRUST
(noun)Definitions
There is 1 meaning of the phrase
Unit Investment Trust.
Unit Investment Trust - as a noun
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"
Synonyms (Exact Relations)
unit trustExample Sentences
"She invested her money in a unit investment trust."
"He decided to purchase a unit investment trust for his retirement portfolio."
"The unit investment trust offered a diversified portfolio of stocks and bonds."
"Many people prefer unit investment trusts as a long-term investment option."
"The unit investment trust has a fixed portfolio that does not change over time."
