fixed investment trust

(Pronunciation -تلفظ سنیۓ ) US:

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Noun: fixed investment trust

1. fixed investment trust [ Synonyms: nondiscretionary trust]
An investment trust that can buy only those securities listed when the trust was organized

Generic Words:

fund, investment company, investment firm, investment trust

Word of the day

December 23, 2024

mingy

- (used of persons or behavior) characterized by or indicative of lack of generosity

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