UNITRUST

Etymology

Noun

unitrust (plural unitrusts)

(finance) A form of trust established by a donor to provide an income stream to a beneficiary, as a percentage of the principal, returning the remainder to the donor when the trust terminates.

Source: Wiktionary



RESET




Word of the Day

26 April 2024

CITYSCAPE

(noun) a viewpoint toward a city or other heavily populated area; “the dominant character of the cityscape is it poverty”


coffee icon

Coffee Trivia

As of 2019, Starbucks opens a new store every 15 hours in China. The coffee chain has grown by 700% over the past decade.

coffee icon