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defined-asset fund

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Financial Dictionary

defined-asset fund

An investment trust with a fixed portfolio of assets that generally has a defined lifetime at which time the trust assets are liquidated.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Investment Funds
Wachovia Securities is Now Wells Fargo Advisors. Free Info Packet!
www.WellsFargoAdvisorsInfo.com
Investment
When Your Financial Needs Change Our Financial Advisors Can Help
www.TotalMerrill.com
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