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unit investment trust

n.
1.a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities

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Word of the Day

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    Idiom of the Day

    past master at (something)
    someone who is extremely good or skillful at something
    The chef is a past master at cooking with various kinds of sauces.



    1.
    He got drunk and ________ a fool of himself at the wedding

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