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INVESTMENT TRUST
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A financial institution that sells shares to individuals and invests in securities issued by other companies
Synonyms:
fund; investment company; investment firm; investment trust
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("investment trust" is a kind of...):
nondepository financial institution (a financial institution that funds their investment activities from the sale of securities or insurance)
Hyponyms (each of the following is a kind of "investment trust"):
hedge fund; hedgefund (a flexible investment company for a small number of large investors (usually the minimum investment is $1 million); can use high-risk techniques (not allowed for mutual funds) such as short-selling and heavy leveraging)
mutual fund; mutual fund company; open-end fund; open-end investment company (a regulated investment company with a pool of assets that regularly sells and redeems its shares)
closed-end fund; closed-end investment company (a regulated investment company that issues a fixed number of shares which are listed on a stock market)
face-amount certificate company (a regulated investment company that pays a stated amount to certificate holders on a stated maturity date)
Real Estate Investment Trust; REIT (an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market)
unit investment trust; unit trust (a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities)
fixed investment trust; nondiscretionary trust (an investment trust that can buy only those securities listed when the trust was organized)
