UNIT INVESTMENT TRUST as NOUN

1. Meaning
   • a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
   Synonym(s)
   • unit trust (what does unit trust mean?)
   Usage Example(s)
   • you can invest in a unit investment trust for as little as $1000
   Hypernyms(s) unit investment trust is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
   • investment company (what does investment company mean?)
   • investment trust (what does investment trust mean?)
   • investment firm (what does investment firm mean?)
   • fund (what does fund mean?)