| English |
| association of investment trust companies |
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| Part of speech |
Noun phrase
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| Variant |
AITC
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| Definition |
an association formed to agree standards of practice for the managers of investment trusts in order to protect shareholders. The aim of AITC is also to act as the representative body of managers of authorised unit trusts and investment funds (OEICs) in dealing with the government and other authorities. Furthermore, it provides background readings and explanatory material on investment trusts.
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| Context |
[...] There are 17 investment trusts in the international general category defined by the Association of Investment Trust Companies and used by Micropal statisticians and over 10 years F&CIT comes in the top five. If you had given £1000 to F&CIT 10 years ago your fund would be worth £4000. [...]
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| Context source |
MO
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| de |
Verband der Investment Trust-Gesellschaften, AITC
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| it |
Associazione delle compagnie di Investment Trust, AITC
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