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Form of investment
Answer for the clue "Form of investment ", 10 letters:
unit trust
Word definitions for unit trust in dictionaries
WordNet
Word definitions in WordNet
n. 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 investment trust ]
Wikipedia
Word definitions in Wikipedia
A unit trust is a form of collective investment constituted under a trust deed. Trusts are found in Fiji , Ireland , the Isle of Man , Guernsey , Jersey , New Zealand, Australia, Kenya, Namibia, South Africa, Singapore, Malaysia and the UK. Unit trusts ...
Longman Dictionary of Contemporary English
Word definitions in Longman Dictionary of Contemporary English
noun EXAMPLES FROM CORPUS ▪ It is like buying a unit trust , you buy units in the fund. ▪ Sharemarket also operates a unit trust discount service for investors who have made up their own minds. ▪ The best performing unit trust over that period would have ...
Usage examples of unit trust.
Presumably the majority was sitting in a bank or unit trust somewhere.