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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.

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

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

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

From Time Magazine Archive

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

From Time Magazine Archive

A fixed trust must be named well to give an impression of lasting strength.

From Time Magazine Archive

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