unit trust
noun Date: 1936 1. British mutual fund 2. an investment company whose portfolio consists of long-term bonds that are held to maturity

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • unit trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. unit trust …   Law dictionary

  • unit trust — unit trusts N COUNT 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]… …   English dictionary

  • unit trust — ► NOUN Brit. ▪ a trust managing a portfolio of stock exchange securities, in which small investors can buy units …   English terms dictionary

  • unit trust — unit .trust n BrE a company through which you can buy shares in many different businesses American Equivalent: mutual fund …   Dictionary of contemporary English

  • unit trust — noun count BRITISH BUSINESS a MUTUAL FUND …   Usage of the words and phrases in modern English

  • Unit Trust — Der Unit Trust ist eine Form des kollektiven Investments auf Basis eines Treuhandverhältnisses (trust deed). Im Unit Trust Statut (siehe auch Fondsprospekt) sind die wichtigsten Regeln festgelegten. Unit Trusts werden in Australien, Irland, der… …   Deutsch Wikipedia

  • Unit trust — A unit trust is a form of collective investment constituted under a trust deed.Found in Australia, Ireland, the Isle of Man, Jersey, New Zealand, South Africa, Singapore [Lee, Boon Keng and Ong, Andy. Personal Financial Planning in Singapore. INS …   Wikipedia

  • unit trust — In the United Kingdom and other foreign markets , an open end mutual fund . Bloomberg Financial Dictionary A form of collective investment scheme. Investors buy units in a unit trust which then uses the money raised to invest in a range of… …   Financial and business terms

  • unit trust — 1) In the UK, an investment fund shared by a large number of different investors. A unit trust is an ‘open ended fund’, which means that the fund gets bigger as more people invest and smaller as people withdraw their money. A fund manager is… …   Accounting dictionary

  • unit trust — noun 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 …   Useful english dictionary

  • unit trust — 1) In the UK, an investment fund shared by a large number of different investors. A unit trust is an open ended fund , which means that the fund gets bigger as more people invest and smaller as people withdraw their money. A fund manager is… …   Big dictionary of business and management

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