All of the following terms apply to the fixed unit investment trusts except registered. A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as the appreciation.
When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for the future wealth creation. An investment usually entails the expenditure of some capital today time, effort, money, or an asset the expectation of a future return greater than the initial investment.
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