英语词汇“term trust”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	term trust
释义	Term trust Term trust A closed-end fund that has a fixed termination or maturity date. Term Trust A unit investment trust with a maturity date. That is, a term trust is an unmanaged portfolio of securities that an investor may buy. At the maturity date, all shares in the term trust are redeemed, and shareholders are entitled to the profits (or must suffer the losses) that the portfolio has achieved over its life. It is a type of closed-end investment company.
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Term trust