fixed investment trust

NOUN
22 LETTERS · STARTS WITH F

fixed investment trust is a valid 22-letter word worth 36 points in Scrabble and 41 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
F4I1X8E1D2I1N1V4E1S1T1M3E1N1T1T1R1U1S1T1
4 + 1 + 8 + 1 + 2 + 0 + 1 + 1 + 4 + 1 + 1 + 1 + 3 + 1 + 1 + 1 + 0 + 1 + 1 + 1 + 1 + 1 =36 PTS
DOUBLE WORD → 72TRIPLE WORD → 108
MEANING

What does fixed investment trust mean?

NOUN · 1 SENSE
1

An investment trust that can buy only those securities listed when the trust was organized.