investment trust
(redirected from closed-end trust)Also found in: Thesaurus, Financial.
investment trust
n
(Banking & Finance) a financial enterprise that invests its subscribed capital in securities for its investors' benefit
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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Noun | 1. | ![]() hedge fund, hedgefund - a flexible investment company for a small number of large investors (usually the minimum investment is $1 million); can use high-risk techniques (not allowed for mutual funds) such as short-selling and heavy leveraging mutual fund company, open-end fund, open-end investment company, mutual fund - a regulated investment company with a pool of assets that regularly sells and redeems its shares closed-end fund, closed-end investment company - a regulated investment company that issues a fixed number of shares which are listed on a stock market face-amount certificate company - a regulated investment company that pays a stated amount to certificate holders on a stated maturity date Real Estate Investment Trust, REIT - an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market unit investment trust, unit trust - a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities; "you can invest in a unit investment trust for as little as $1000" nondepository financial institution - a financial institution that funds their investment activities from the sale of securities or insurance fixed investment trust, nondiscretionary trust - an investment trust that can buy only those securities listed when the trust was organized |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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