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
19 January 2025
ELOQUENCE
(noun) powerful and effective language; “his eloquence attracted a large congregation”; “fluency in spoken and written English is essential”; “his oily smoothness concealed his guilt from the police”
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