Definition of unit trust in English:

unit trust

Syllabification: u·nit trust


  • British term for mutual fund.
    More example sentences
    • Anyone who has invested in a unit trust or a pension fund knows that his fund manager is not answerable in any meaningful sense.
    • The ability to borrow is one of the major advantages of an investment trust over a unit trust.
    • In practice, for Irish investors it probably makes most sense to take the unit trust or investment trust route.

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