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UNIT INVESTMENT TRUST

(noun)
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Definitions

There is 1 meaning of the phrase Unit Investment Trust.

Unit Investment Trust - as a noun

A regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities

Example: "You can invest in a unit investment trust for as little as $1000"

Synonyms (Exact Relations)
unit trust

Example Sentences

"She invested her money in a unit investment trust."
"He decided to purchase a unit investment trust for his retirement portfolio."
"The unit investment trust offered a diversified portfolio of stocks and bonds."
"Many people prefer unit investment trusts as a long-term investment option."
"The unit investment trust has a fixed portfolio that does not change over time."
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