unit trust
noun

an organisation which takes money from small investors and invests it in stocks and shares for them under a trust deed, the investment being in the form of shares (or units) in the trust

(Note The US term is mutual fund.)
Browse by Subjects
bid offer price
open ended investment company
exit charge
income units
invest
See All Related Terms »

debt to equity ratio
settle
first quarter
depositary receipt
crawling peg