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
Recent Word Finds
Word of the Day
4 June 2025
LEND
(verb) bestow a quality on; “Her presence lends a certain cachet to the company”; “The music added a lot to the play”; “She brings a special atmosphere to our meetings”; “This adds a light note to the program”
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