unitrust

English dictionary entry

Meanings

noun
  1. A form of trust established by a donor to provide an income stream to a beneficiary, as a percentage of the principal, returning the remainder to the donor when the trust terminates.

Word forms

unitrust unitrusts

Etymology

From uni- + trust.

Related words

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.