fixed investment trust

/fɪkst ɪnˌvɛstmənt trəst/
IPA guide

Definitions of fixed investment trust
  1. noun
    an investment trust that can buy only those securities listed when the trust was organized
    synonyms: nondiscretionary trust
    see moresee less
    type of:
    fund, investment company, investment firm, investment trust
    a financial institution that sells shares to individuals and invests in securities issued by other companies
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