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UIT

American  

  1. unit investment trust.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Investors who want to trade UIT shares can generally do so in the secondary market.

From Seattle Times • Jul. 22, 2017

While mutual-fund holdings can change considerably over time, UIT holdings are meant to be held until the trust is liquidated at a specified date.

From Seattle Times • Jul. 22, 2017

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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.