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unit trust vs fund

fund vs unit trust

unit trust and fund both are nouns.

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

Word NounAdjectiveVerbAdverb
unit trust Yes No No No
fund Yes No Yes No
As nouns, fund is a hypernym of unit trust; that is, fund is a word with a broader meaning than unit trust:
  • unit 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 trust include investment company, investment firm, investment trust.
unit 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 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 trust and fund

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