The Independent's Concise Crossword Clue is Form of Investment (4,5) Answer For May 18, 2024
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Updated May 18, 2024
The Independent's Concise Crossword is a puzzle in The Independent, a British online newspaper. It's designed to be quick and easy, giving solvers a short but satisfying puzzle experience. Unlike tricky crosswords, which use wordplay and tricky clues, concise crosswords use simple definitions or similar words as clues, making them easier and quicker to solve.
These puzzles have a standard grid where answers go horizontally and vertically, making them great for a quick mental workout. They're published regularly in both the print and online versions of The Independent, to a wide range of solvers with their accessible and enjoyable challenges
Clue
Today's The Independent's Concise Crossword clue is "form of investment (4,5)"
Explanation
The clue "form of investment (4,5)" is asking for a type or method of investment. It's typically expressed as two words, with the first word having four letters and the second word having five letters. It's a common way people allocate their money to generate returns over time. Also, the answer consists of one four-letter word and a five-letter word.
Hints
- Two-word answer.
- A type of mutual fund.
- It distributes our money returns as income.
Answer
The answer is "UNITTRUST".
Explanation
The answer for the clue, "form of investment (4,5)" is "UNITTRUST".
The answer "UNITTRUST" matches the clue because a unit trust is a form of investment that pools money from multiple investors to invest in various assets like company shares, bonds, property funds, and others.
The returns generated by these investments are then distributed to investors either as income or growth, typically on a quarterly or bi-annual basis. Investors can often choose how they want to receive these returns, making unit trusts a flexible investment option.