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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 measurement
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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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  • genus lupinus
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    Idiom of the Day

    flunk out
    to fail a course, to fail school
    My friend flunked out of his computer course at school.



    1.
    It is difficult to believe that charging 20% on an outstanding credit card balance isn’t ________!

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