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You can buy a money market fund through a unit trust company, a brokerage firm, or a bank.
Financial and business terms. 2012.
unit trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. unit trust … Law dictionary
Unit Trust of India — was created by the UTI Act passed by the Parliament in 1963.For more than two decades it remained the sole vehicle for investment in the capital market by the Indian citizens. In mid 80 s public sector banks were allowed to open mutual funds. The … Wikipedia
unit trust — unit .trust n BrE a company through which you can buy shares in many different businesses American Equivalent: mutual fund … Dictionary of contemporary English
Unit Trust — Der Unit Trust ist eine Form des kollektiven Investments auf Basis eines Treuhandverhältnisses (trust deed). Im Unit Trust Statut (siehe auch Fondsprospekt) sind die wichtigsten Regeln festgelegten. Unit Trusts werden in Australien, Irland, der… … Deutsch Wikipedia
Unit trust — A unit trust is a form of collective investment constituted under a trust deed.Found in Australia, Ireland, the Isle of Man, Jersey, New Zealand, South Africa, Singapore [Lee, Boon Keng and Ong, Andy. Personal Financial Planning in Singapore. INS … Wikipedia
unit trust — noun a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities you can invest in a unit investment trust for as little as $1000 • Syn: ↑unit investment … Useful english dictionary
Unit Trust - UT — An unincorporated mutual fund structure that allows funds to hold assets and pass profits through to the individual owners, rather than reinvesting them back into the fund. The investment fund is set up under a trust deed. The investor is… … Investment dictionary
unit trust — 1. Also called fixed investment trust, fixed trust. an investment company that has a fixed portfolio of securities, usually of a single type, such as municipal bonds or corporate bonds, which are held to maturity: each investor receives a share… … Universalium
unit trust — /ˈjunət trʌst/ (say yoohnuht trust) noun 1. Also, investment trust. a trust whose management purchases shares from a number of companies. The portfolio of such shares is divided into equal units for sale to the public, whose interests are served… …
unit trust — u′nit trust n. 1) bus an investment company having a fixed portfolio of securities that are held to maturity, each investor sharing in the profits proportionately 2) bus a type of mutual fund in which an investor must invest a specified amount of … From formal English to slang
