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UIT

American  
  1. unit investment trust.


Example Sentences

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While mutual-fund holdings can change considerably over time, UIT holdings are meant to be held until the trust is liquidated at a specified date.

From Seattle Times ● Jul. 22, 2017

Investors who want to trade UIT shares can generally do so in the secondary market.

From Seattle Times ● Jul. 22, 2017

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