investment trust unit
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investment trust — noun a financial institution that sells shares to individuals and invests in securities issued by other companies • Syn: ↑investment company, ↑investment firm, ↑fund • Derivationally related forms: ↑fund (for: ↑fund) … Useful english dictionary
Investment trust — Investment trusts are companies that invest in the shares of other companies for the purpose of acting as a collective investment.cite web title = Investment Trusts work = Your Money publisher = The Motley Fool date= 13 March 2006 url =… … Wikipedia
investment trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. investment trust … Law dictionary
investment trust — investment company A company that invests the funds provided by shareholders in a wide variety of securities. It makes its profits from the income and capital gains provided by these securities. The investments made are usually restricted to… … Big dictionary of business and management
unit investment trust — n. A registered trust that purchases fixed income securities and holds them to maturity, sold to investors in units (typically of $1,000 each). abbrv. UIT The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy… … Law dictionary
investment trust — A closed end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares that are traded on the secondary markets , like corporate stock. The market price may exceed the net asset value per share, in which case … Financial and business terms
Unit Investment Trust — A Unit Investment Trust (UIT) is a US investment company offering a fixed (unmanaged) portfolio of securities having a definite life. UITs are assembled by a sponsor and sold through brokers to investors.A UIT portfolio may contain one of several … Wikipedia
unit investment trust — 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 • Syn: ↑unit trust •… … Useful english dictionary
unit investment trust — A trust established whereby funds are pooled and invested in income producing securities such as bonds, preferred stock, etc. Units of the trust are sold to investors who maintain an interest in the trust in proportion to their investment + unit… … Black's law dictionary
investment trust — or closed end trust Financial organization that pools the funds of its shareholders and invests them in a diversified portfolio of securities. It differs from a mutual fund, which issues units representing diversified holdings rather than shares… … Universalium
Unit Share Investment Trust — ( USIT) A unit investment trust comprising one unit of prime and one unit of score. Bloomberg Financial Dictionary … Financial and business terms