unit trust
noun [C] UK (US mutual fund)Definition
› a service where financial experts invest the money of many people in many different companiesTrusts and fundsFinancial investments and the stock market
(Definition of unit trust noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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Synonyms and related words:
- annuity noun
- covenant noun
- escrow noun
- fiduciary adjective
- funding noun
- holding company noun
- inheritance noun (FROM DEAD PERSON)
- kitty noun (MONEY)
- pension fund noun
- pension plan noun
- slush fund noun
- superannuation noun
- support noun (MONEY)
- support verb (PROVIDE)
- the Consolidated Fund noun
- trust fund noun
- trust noun (LEGAL ARRANGEMENT)
- trust noun (ORGANIZATION)
- trustee noun
Topic:
Trusts & funds
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