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fixed trust

American  

noun

  1. unit trust.


Etymology

Origin of fixed trust

First recorded in 1925–30

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Reaction of fixed trust sponsors to the offer was surprise, indignation.

From Time Magazine Archive

One result was the quick growth in the first years of Depression of the so-called fixed trust, an institution in which securities were bought & sold by an inflexible formula.

From Time Magazine Archive

In making an offer to exchange its own shares for fixed trust shares it sought to enlarge its stockholders' list.

From Time Magazine Archive

The fixed trust starts with a stated list of stocks which usually may be sold under certain contingencies such as the passing of a dividend.

From Time Magazine Archive

Popular fancy then turned to the fixed trust, a U. S.-originated form.

From Time Magazine Archive

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