unitrust

About 0.05 uses per million words.

Meaning

1. noun 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.

Similar words

bare trust trust remainder trust trust fund totten trust trustee trustee stock cotrustee trust law trust deed

Often followed by

amount interest payments is payment or amounts and with

Word family

unitrusts