Fixed Trust

Business / Finance / Fixed Trust: An offering of securities at a fixed price.

Other Words for Fixed

Fixed Noun Synonyms: fastened, attached, anchored, set, secure(d), firm, stable, settled, immovable, immobile, stationary, rigid, rooted, solid, immobilized, stuck
Fixed Adjective Synonyms: settled, resolved, agreed, regular, habitual, decided, arranged, prearranged, definite, established
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Other Words for Trust

Trust Noun Synonyms: confidence, reliance, faith, conviction, certitude, certainty, sureness, positiveness, assurance, belief
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Municipal Investment Trust (MIT)

Business / Finance / Municipal Investment Trust (MIT): A unit investment trust that buys municipal bonds and usually holds them until maturity, passing the bond income on to shareholders, usually tax-free. MORE

Nondiscretionary Trust

Business / Finance / Nondiscretionary Trust: A personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary. MORE

Multiple Employer Trust (MET)

Health / Health Insurance / Multiple Employer Trust (MET): A trust consisting of multiple small employers in the same industry, formed for the purpose of purchasing group health insurance or establishing a self-funded plan at a lower cost than would be availa MORE

Living Trust

Business / Real Estate / Living Trust: An arrangement in which a property owner (trustor) transfers assets to a trustee who assumes specified duties in managing the asset. After payment of operating expenses and trustees fees, the income g MORE

Land Trust

Business / Agriculture / Land Trust: A private nonprofit organization, under ยง 501 (c)(3) of the federal tax code, that may receive donations of money, property or development rights, and may use its assets to purchase property or devel MORE

Land Trusts

Business / Real Estate / Land Trusts: A few states permit the creation of land trusts, in which real estate is the only asset. As in all trusts, the title to the property is conveyed to a trustee, and the beneficial interest belongs to th MORE

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