HomeDefinitionsCompareDebt Unit investment trustThe financial definition for Unit investment trust:Money invested in a portfolio whose composition is fixed for the life of the fund. Shares in a unit trust are called redeemable trust certificates, and they are sold at a premium to net asset value. Similar MatchesAlternative investmentsAlternative investmentsRefers to investments in hedge funds. Many hedge funds pursue strategies that are uncommon relative to mutual funds. Examples of alternative investment strategies are: long-short equity, event driven, statistical arbitrage, fixed income arbitrage, convertible arbritage, short bias, global macro, and equity market neutral. Automatic reinvestmentAutomatic reinvestmentSee: Constant dollar plan. Bank Investment Contract (BIC)Bank Investment Contract (BIC)Interest guaranteed by the bank in a Interest over a specific time frame with a specific Interest. Further SuggestionsCapital investmentCommunity Reinvestment Act (CRA) Direct investment Diversified investment company Expected return on investment Finite Life Real Estate Investment Trust (FREIT) Foreign direct investment (FDI) Click to compare definitions of Unit investment trust Click to view definitions beginning un |