unit investment trust

u·nit in·vest·ment trust

U u

- US Pronunciation
- US IPA
- UK Pronunciation
- UK IPA
- [yoo-nit in-vest-muh nt truhst]
- /ˈyu nɪt ɪnˈvɛst mənt trʌst/
- /ˈjuːnɪt ɪnˈvestmənt trʌst/

Definitions of unit investment trust words

noun unit investment trust Also called fixed investment trust, fixed trust. an investment company that has a fixed portfolio of securities, usually of a single type, such as municipal bonds or corporate bonds, which are held to maturity: each investor receives a share in the amount proportionate to his or her holding. 1
noun unit investment trust Also called unitrust [yoo-ni-truhst] /ˈyu nɪˌtrʌst/ (Show IPA). an inflexible type of mutual fund in which each investor is obligated to invest a total specified amount in a certain number of shares, payable in equal amounts on a monthly or quarterly basis over an extended period of time. 1
noun unit investment trust British. mutual fund. 1

before 1935

One of the 8% newest English words

First recorded in 1935-40

noun

adjective

verb

adverb

pronoun

preposition

conjunction

determiner

exclamation

This term is known only to a narrow circle of people with rare knowledge. Only 2% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

This diagram is provided by Google Ngram Viewer

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