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unit investment trust vs fund

fund vs unit investment trust

unit investment trust and fund both are nouns.

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

Word NounAdjectiveVerbAdverb
unit investment trust Yes No No No
fund Yes No Yes No
As nouns, fund is a hypernym of unit investment trust; that is, fund is a word with a broader meaning than unit investment trust:
  • unit investment trust: a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
  • fund: a financial institution that sells shares to individuals and invests in securities issued by other companies
Other hypernyms of unit investment trust include investment company, investment firm, investment trust.
unit investment trust (noun) fund (noun)
a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities a financial institution that sells shares to individuals and invests in securities issued by other companies
a reserve of money set aside for some purpose
a supply of something available for future use
unit investment trust (verb) fund (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 unit investment trust and fund

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