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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.

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

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

From Seattle Times • Jul. 22, 2017

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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