What is the meaning of unit investment trust?

Subtopics: UIT 

noun

  • A regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities.
    • usage: "you can invest in a unit investment trust for as little as $1000"
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). unit investment trust. Retrieved September 24, 2026, from http://smartdefine.org/unit_investment_trust/definitions/1222623
ChicagoWordNet. 2010. "unit investment trust" http://smartdefine.org/unit_investment_trust/definitions/1222623 (accessed September 24, 2026).
HarvardWordNet 2010, unit investment trust, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/unit_investment_trust/definitions/1222623>.
MLAWordNet. "unit investment trust" 23 October 2010. Web. 24 September 2026. <http://smartdefine.org/unit_investment_trust/definitions/1222623>
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