Meaning of UNIT TRUSTS in English

Are a form of collective investment vehicles. The beneficial rights to the trust assets are divided into a number of units and these units are offered for sale to the public. The unit trust vehicle can either be a trust or corporate entity.

UNODC Money-Laundering terms English dictionary.      Английский словарь терминов управления ООН по отмыванию денег, преступности и наркотикам.