| 单词 | unit trust |
| 释义 | > as lemmasunit trust unit trust n. Finance (a) an open-end collective investment fund which is priced, bought, and sold in units which represent a mixture of the securities which underlie the fund (not in North American use); (b) North American (more fully unit investment trust) a type of closed-end investment trust in which investors buy groups of securities in units. ΘΚΠ society > trade and finance > stocks and shares > stocks, shares, or bonds > [noun] > investment trust fixed trust1930 mutual fund1932 Totten trust1932 unit trust1936 mutual1971 1936 Economist 15 Feb. 369/1 A further flexible unit trust, ‘First Recovery Trust’, has appeared this week. 1943 1941 Suppl. to Code of Federal Regulations U.S.A. 1834/1 Every registered unit investment trust substantially all the assets of which consist of securities issued by a management company shall [etc.]. 1992 Smithsonian June 1/2 (advt.) It's nice to know that a Nuveen Tax-Free Unit Trust is something you can count on to be reassuringly predictable. 2010 Daily Tel. 2 Feb. 24/4 Those buying an investment fund, such as a unit trust or Isa, should look to use a discount broker. < as lemmas |
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