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fund vs unit investment trust

unit investment trust vs fund

fund and unit investment trust both are nouns.

fund is a verb but unit investment trust is not a verb.

Word NounAdjectiveVerbAdverb
fund Yes No Yes No
unit investment trust Yes No No No
As nouns, unit investment trust is a hyponym of fund; that is, unit investment trust is a word with a more specific, narrower meaning than fund:
  • fund: a financial institution that sells shares to individuals and invests in securities issued by other companies
  • unit investment trust: a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
fund (noun) unit investment trust (noun)
a financial institution that sells shares to individuals and invests in securities issued by other companies a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
a reserve of money set aside for some purpose
a supply of something available for future use
fund (verb) unit investment trust (verb)
furnish money for
place or store up in a fund for accumulation
convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds
accumulate a fund for the discharge of a recurrent liability
invest money in government securities
provide a fund for the redemption of principal or payment of interest
Difference between fund and unit investment trust

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