What is 'Unit Trusts'? | Freetrade Dictionary

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

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The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Zero-Sum Game

A situation in which one person's gain is another's loss.

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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Stock Market

A place where shares of publicly listed companies are traded.

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