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Definition of Unit trust
1. 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"
Exact synonyms: Unit Investment Trust
Generic synonyms: Fund, Investment Company, Investment Firm, Investment Trust
Generic synonyms: Fund, Investment Company, Investment Firm, Investment Trust
Lexicographical Neighbors of Unit Trust
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