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unit 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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  • unit of viscosity
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  • unit of time
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  • unit investment trust
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  • unit cost
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    Idiom of the Day

    far out
    to be strange
    The man's sense of humor was far out and nobody understood him.



    1.
    The Deputy Manager ...... to resign because all his proposals were ...... down by his superiors.

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