unitrust

Etymology

From uni- + trust.

unitrust means 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. Lexicurio rates it Sui generis — a strength score of 92 out of 100.

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.