• word of the day

    unit investment trust

    unit investment trust - Dictionary definition and meaning for word unit investment trust

    Definition
    (noun) a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
    Synonyms : unit trust
    Example Sentence
    • you can invest in a unit investment trust for as little as $1000

Word used in video below:
text: investment than a cat okay yeah i just
Download our Mobile App Today
Receive our word of the day
on Whatsapp