(BrE) (AmE mutual fund) noun
a company that offers a service to people by investing their money in various different businesses:
Investing in a unit trust reduces risks for small investors.
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About this entry
This is a English–English dictionary entry.
Sourced from Main Dictionary in Lughet's collection.
This word also appears under other sources in Lughet's collection — see the list below.
Where does this definition of unit trust come from?
This entry for unit trust is sourced from Main Dictionary, one of the dictionaries and corpora merged into Lughet.
Does unit trust appear elsewhere on Lughet?
Yes — unit trust appears under other sources or language pairs in Lughet's collection. See the list below.
What is Lughet?
Lughet is a free trilingual dictionary covering nearly five million entries across Uyghur, Chinese, and English, drawn from more than ten source dictionaries and corpora.