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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 of ammunition
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  • unit investment trust
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  • unit cost
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  • unit character
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  • rewarding
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  • chicken liver
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    Idiom of the Day

    serve (someone) right
    to get the punishment or results that one deserves
    My friend never studies at all so it serves him right to fail his exam.



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