unitrust

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noun

A form of trust established by a donor to provide an income stream to a beneficiary, as a percentage of the principal, returning the remainder to the donor when the trust terminates.

UncommonScrabble 8

Meanings

noununitrust (plural unitrusts)

plural unitrusts

  1. businessA form of trust established by a donor to provide an income stream to a beneficiary, as a percentage of the principal, returning the remainder to the donor when the trust terminates.

Origin

Cite this entry
APA

unitrust. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/unitrust

MLA

“unitrust.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/unitrust. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “unitrust,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/unitrust.

Source: unitrust on Wiktionary, CC BY-SA 4.0.