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unit trust
英式
- a collective investment fund that is priced, bought, and sold in units that represent a mixture of the securities underlying the fund.
noun: unit trust, plural noun: unit trusts
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- IPA[ˈyo͞onə(t) ˌtrəst]
美式
- (in the UK and some other countries) a collective investment fund that is priced, bought, and ...
Oxford American Dictionary