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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
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 ...
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 ]
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.