Adjacent Words
Unit of illuminationunit of issue
Unit of measure
unit of measurement
Unit of power
Unit of resistance
unit of time
unit of viscosity
Unit of work
unit personnel and tonnage table
unit readiness
unit rule
unit sales
Unit stress
unit train
unit type code
Unitable
unitage
unitard
Unitarian
Unitarian Church
Unitarianism
Unitarianize
Unitarianized
Unitarianizing
unitarily
unitary
Full-text Search for "unit trust"
4464
unit trust definitions
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WordNet (r) 3.0 (2005)
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]
Merriam Webster's
noun Date: 19361. British mutual fund2. an investment company whose portfolio consists of long-term bonds that are held to maturity
Collin's Cobuild Dictionary
(unit trusts) A unit trust is an organization which invests money in many different types of business and which offers units for sale to the public as an investment. You can also refer to an investment of this type as a unit trust. (BRIT BUSINESS; in AM, use mutual fund) N-COUNT
