investment trust

investment trust
investment trust see trust

Merriam-Webster’s Dictionary of Law. . 1996.

investment trust
A listed company whose business is simply to invest in other companies. An investment trust holds a portfolio of investments in the same way as a unit trust, providing professional management and a spread of risk. Investors hold shares in the investment trust rather than units.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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