unitrust
noun
uni·trust
ˈyü-ni-ˌtrəst 
: a trust from which the beneficiary receives annually a fixed percentage of the fair market value of its assets
Examples of unitrust in a Sentence
Recent Examples on the Web
Additionally, taxpayers who are 70½ or older can now make a one-time election of up to $50,000—indexed for inflation—from their IRA to a split-interest entity like a charitable remainder unitrust.
529 Plans.
—
Kelly Phillips Erb, Forbes, 5 Sep. 2024
Kelly Phillips Erb, Forbes, 5 Sep. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'unitrust.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near unitrust
Cite this Entry
“Unitrust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/unitrust. Accessed 29 Sep. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share