💡 Words with a Similar Meaning to "Unit trust"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| unitrustnoun | (finance) 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. |
| in trust | — |
| trusteenoun | (trust law) A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals (beneficiaries), or for public uses; one who is intrusted with property for the benefit of another. |
| trust company | A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. |
| trusteesnoun | (trust law) A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals (beneficiaries), or for public uses; one who is intrusted with property for the benefit of another. |
| grantor trustnoun | a trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more |
| discretionary trust | In the trust law of England, Australia, Canada, and other common law jurisdictions, a discretionary trust is a trust where the beneficiaries and their entitlements to the trust fund are not fixed, but are determined by the criteria set out in the trust instrument by the settlor. |
| unitagenoun | The amount thus determined. |
| living trustnoun | (trust law) A legal document allowing an individual (the grantor or trustor) to protect their assets and direct their distribution after the grantor's death. |
| unit costnoun | The cost to acquire a unit of a good or service for a specific quantity that is produced or purchased. (For example, if it costs the baker 1000 pesos to produce a batch of biscuits that weigh 50 kilos, then their unit cost per kilo is 20 pesos.) |
| unitarnoun | (UN) Initialism of United Nations Institute for Training and Research. |
| national trust | a heritage and nature conservation charity and membership organisation in England, Wales and Northern Ireland. |
| unitafnoun | (UN, historical) Initialism of Unified Task Force. |
| trustornoun | (trust law) A person who creates a trust. |
| unit pricingnoun | (business, marketing) The use of unit prices. |
| unitsnoun | (mathematics) Oneness, singularity, seen as a component of a whole number; a magnitude of one. |
| index fundnoun | (finance) A fund that tracks a specific basket of underlying investments. |
| trust deednoun | (law) A deed conveying property to a trustee, for some specific use. |
| trusteeshipnoun | (law) Office or function of a trustee. |
| unitizeverb | To convert, package, or organize into one or more units. |
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