unit trust

noun

A kind of collective investment that pools investors' money into a single managed fund.

Similar
unit investment trust
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Meanings

noununit trust (plural unit trusts)

plural unit trusts

  1. businessA kind of collective investment that pools investors' money into a single managed fund.

Synonyms & antonyms

nouna regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities

Similar
unit investment trust
Broader
investment companyinvestment trustinvestment firm

Synonym sets from Open English WordNet, CC BY 4.0.

Cite this entry
APA

unit trust. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/unit%20trust

MLA

“unit trust.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/unit%20trust. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “unit trust,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/unit%20trust.

Source: unit trust on Wiktionary, CC BY-SA 4.0.