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unit trust

/ˈjuːnɪt trʌst/
Main Example

She invested in a unit trust to save for her retirement.

Example context
Grammatical Info:
Noun (n.)

A type of investment fund that pools money from many investors to buy a variety of assets.

Other Example
Synonyms
Synonyms

unit trust

/ˈjuːnɪt trʌst/
Main Example

The unit trust offers a good way to diversify investments.

Example context
Grammatical Info:
Noun (n.)

A financial product that allows investors to buy shares in a collective investment scheme.

Other Example
Synonyms
Synonyms

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