unit trust 
noun British
A trust formed to manage a portfolio of stock exchange securities, in which small investors can buy units.Anyone who has invested in a unit trust or a pension fund knows that his fund manager is not answerable in any meaningful sense....
- The ability to borrow is one of the major advantages of an investment trust over a unit trust.
- In practice, for Irish investors it probably makes most sense to take the unit trust or investment trust route.
- (as) dead as a doornail
- (as) dead as a (or the) dodo
- (as) dead as mutton
- (as) deaf as a post
- ASDIC
- as different as (or like) chalk and cheese
- (as) drunk as a lord (or skunk)
- (as) dry as a bone
- (as) dry as a Pommy's towel
- (as) dry as dust
- (as) dull as dishwater (or ditchwater)
- -ase
- ASEAN
- (as) easy as falling off a log
- (as) easy as pie
- as easy as winking
- (as) easy (or simple) as ABC
- a second thought
- aseismic
- asepsis
- aseptic
- aseptically
- asequia
- asexual
- asexualise