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 Glossary   >   S   >   "Share exchange" Definition   

        Share exchange

A facility offered by some investment trusts which enables investors to convert individual shares which they hold into shares in the investment trust cheaply and easily.

Share exchange


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Share exchange - A facility offered by some investment trusts which enables investors to convert individual shares which they hold into shares in the investment trust cheaply and easily.


Share exchange : a facility offered by some investment trusts which enables investors to convert individual shares which they hold into shares in the investment trust cheaply and easily.