Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
unit trust | Yes | No | No | No |
investment company | Yes | No | No | No |
unit trust (noun) | investment company (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 |