unit investment trust
Americannoun
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.
He begrudgingly created Berkshire’s Class B shares in 1996 after Samuel Katz, a self-described civic entrepreneur, gushed to Buffett in a letter about his plans to create a unit investment trust containing Berkshire’s stock.
From The Wall Street Journal • Mar. 19, 2026
The reason QQQ is having a proxy vote is because Invesco wants to change the fund from a unit investment trust to an open-ended fund.
From MarketWatch • Dec. 3, 2025
Further discounts can come for investors who roll the proceeds from one investment trust securities sale into purchasing another unit investment trust.
From Reuters • Aug. 18, 2010
A unit investment trust is a type of investment company that holds a fixed portfolio of securities and offers redeemable units of that portfolio that terminate after a specified period of time.
From Reuters • Aug. 18, 2010
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
