| 1. | Also called fixed investment trust, fixed trust. an investment company that has a fixed portfolio of securities, usually of a single type, such as municipal bonds or corporate bonds, which are held to maturity: each investor receives a share in the amount proportionate to his or her holding. |
| 2. | Also called u⋅ni⋅trust  [yoo-ni-truhst]  . an inflexible type of mutual fund in which each investor is obligated to invest a total specified amount in a certain number of shares, payable in equal amounts on a monthly or quarterly basis over an extended period of time. |
| 3. | British. mutual fund. |
nɪˌtrʌst