unit trust

noun

Definition of unit trust 

1 British : mutual fund

2 : an investment company whose portfolio consists of long-term bonds that are held to maturity

First Known Use of unit trust

1936, in the meaning defined at sense 1

Keep scrolling for more

Learn More about unit trust

Share unit trust

Statistics for unit trust

Look-up Popularity

Time Traveler for unit trust

The first known use of unit trust was in 1936

See more words from the same year

Keep scrolling for more

More Definitions for unit trust

unit trust

Legal Definition of unit trust 

see trust

More from Merriam-Webster on unit trust

Britannica.com: Encyclopedia article about unit trust

Comments on unit trust

What made you want to look up unit trust? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

a private place of worship

Get Word of the Day daily email!

Test Your Vocabulary

Difficult Vocab Quiz

  • the-education-of-achilles-eugne-delacroix
  • Which is a synonym of discomfit?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Syn City

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!