Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “unit trust”

See all translations

unit trust

noun [C]
 
 
FINANCE
in the UK, a fund in which you buy units (= shares). This money is then put into a range of investments, etc., and profits are paid in relation to the number of units that you own: Collective investments such as unit trusts are ideal products for investment on behalf of a child.
→  See also mutual fund
(Definition of unit trust from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of unit trust?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “unit trust”

Definitions of “unit trust” in other dictionaries

Word of the Day

christmassy

typical of Christmas, or happy because it is Christmas

Word of the Day

Cleavage proves divisive in Cambridge’s words of 2014

by Alastair Horne,
December 19, 2014
​​​​ Other dictionaries may choose faddish novelties as their words of the year, but here at Cambridge, we like to do something different. We look for the words that have seen sudden surges in searches over the course of the year – words that have been baffling users of English and driven them

Read More 

tweleb noun

December 22, 2014
informal a Twitter celebrity; (more specifically, someone who has more than 1,000 followers on Twitter) There were a few old and a few new faces, including a tweleb or two. Expect to see and hear more from these cool kids.

Read More