Definitions for unit investment trust
unit investment trust, unit 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"
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"unit investment trust." Definitions.net. STANDS4 LLC, 2013. Web. 22 May 2013. <http://www.definitions.net/definition/unit investment trust>.