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Split investment trust
SPLIT INVESTMENT TRUST

Definition: A trust (which must be wound up at a specified date) offering two classes of shares, income and capital, the former earning dividend but to be repaid at par, the latter without dividend but increasing in capital value.
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See perfect type (1).

See perfect trust (4).
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See perfect specificity.

See perfect conditionality.
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See perfect particularness.

See perfect characteristic (1).

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