INVESTMENT TRUST Definition

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INVESTMENT TRUST is a company that invests a fixed amount of money in a variety of stocks and shares as a way of spreading risk. Investment trusts have fixed capital, unlike unit trusts, which can create or redeem units in response to demand.

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RELEVANT is having a bearing on or connection with the subject at issue, e.g. relevant revenues from sales of Model XXX.

OBSERVE / OBSERVATION is to watch and test a client action, e.g., taking inventory.

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