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unit trust vs unit investment trust

unit investment trust vs unit trust

unit trust and unit investment trust both are nouns.

Word NounAdjectiveVerbAdverb
unit trust Yes No No No
unit investment trust Yes No No No
As nouns, unit trust and unit investment trust are synonyms defined as:
  • unit trust and unit investment trust: a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
unit trust (noun) unit investment trust (noun)
a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
Difference between unit trust and unit investment trust

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