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单词 unit trust
释义

unit trust

noun British
A trust formed to manage a portfolio of stock exchange securities, in which small investors can buy units.Anyone who has invested in a unit trust or a pension fund knows that his fund manager is not answerable in any meaningful sense....
  • The ability to borrow is one of the major advantages of an investment trust over a unit trust.
  • In practice, for Irish investors it probably makes most sense to take the unit trust or investment trust route.
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更新时间:2024/12/23 9:09:47