Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
UNIT INVESTMENT TRUST (UIT) Definition & Legal Meaning
Definition & Citations:
US investment company investing in fixed portfolios of securities that are resold to investors through brokers.
This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.