Financial Dictionary

This dictionary contains:
24549
financial terms

Unit trust




Unit trust

Unit trusts are collective funds which allow private investors to pool their money in a single fund, thus spreading their risk, getting the benefit of professional fund management, and reducing their dealing costs.

RELATED TERMS
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Unit
More than one class of securities traded together (e.g., one common share and three subscription warrants).

Pool
1) In capital budgeting, the concept that investment projects are financed out of a pool of bonds, preferred stock, and common stock, and a weighted average cost of capital must be used to calculate investment returns. 2) In insurance, a group of insurers who share premiums and losses in order to spread risk. 3) In investments, the combination of funds for the benefit of a common project, or a group of investors who use their combined influence to manipulate prices.

Money
A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc.

Fund
To provide money for a specific purpose; an amount of money saved for a specific purpose.

Risk
The possibility of loss; the amount that one may lose when investing.

Management
The people who administer a company, create policies, and provide the support necessary to implement the owners' business objectives.



SIMILAR TERMS
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Unit
More than one class of securities traded together (e.g., one common share and three subscription warrants).

Unit benefit formula
A method of calculating an employer's contribution to an employee's defined benefit plan.

Unit investment trust
Money invested in a portfolio whose composition is fixed for the life of the fund.

Unit of measure principle
All transactions have to be accounted for and recorded in a single monetary unit.

Unit of trading
The minimum number of shares, bonds or commodities, usually 100, which are traded in a transaction on an exchange.

Unit Share Investment Trust (USIT)
A unit investment trust comprising one unit of prime and one unit of score.

Unit trusts or mutual funds
Organizations that place investors' money in a variety of stocks and shares.

UNITAB Limited
UNITAB Limited is a large Australian company in the field of consumer services. Their Australian Stock Exchange (ASX) code is UTB.

Unitary elasticity of demand
Exists when a price cut produces such a small change in sales that total revenue remains unchanged.

UNITE GENERAL OFFICE EMPLOYEES Credit Union
UNITE GENERAL OFFICE EMPLOYEES is a credit union with head office in NEW YORK, NY

UNITED 1ST Credit Union
UNITED 1ST is a credit union with head office in ST MARYS, GA

UNITED ADVANTAGE NW Credit Union
UNITED ADVANTAGE NW is a credit union with head office in PORTLAND, OR

UNITED AMERICA WEST Credit Union
UNITED AMERICA WEST is a credit union with head office in PANORAMA, CA

United Arab Emirates currency abbreviation
AED

United Arab Emirates mortgage
United Arab Emirates: Loans for the individual and corporate purchase of residential and other property anywhere in the country's territory.

United Arab Emirates mortgage broker
United Arab Emirates: intermediaries for the obtention of a mortgage loan.

UNITED ARKANSAS Credit Union
UNITED ARKANSAS is a credit union with head office in LITTLE ROCK, AR

United Auto Group
United Auto Group is a top United States corporation in the field of retailing, and its estimated market value is 1,30 million US dollars.

United Bank
A United States bank with head office in Parkersburg, West Virginia.

UNITED BUSINESS & INDUSTRY Credit Union
UNITED BUSINESS & INDUSTRY is a credit union with head office in PLAINVILLE, CT

UNITED CATHOLICS Credit Union
UNITED CATHOLICS is a credit union with head office in WEST COVINA, CA

United Commercial Bank
A United States bank with head office in San Francisco, California.

United Community Bank
A United States bank with head office in Blairsville, Georgia.

United Corporations
United Corporations is one of Canada's largest companies.

UNITED Credit Union
UNITED is a credit union with head office in BUCHANAN, MI

United Daily News
United Daily News is a Taiwanese newspaper.

UNITED DEFENSE Credit Union
UNITED DEFENSE is a credit union with head office in CARSON, CA

UNITED FELLOWSHIP Credit Union
UNITED FELLOWSHIP is a credit union with head office in GADSDEN, AL

UNITED FINANCIAL SERVICES Credit Union
UNITED FINANCIAL SERVICES is a credit union with head office in SCOTCH PLAINS, NJ

United Group Limited.
United Group Limited. is a large Australian company in the field of capital goods. Their Australian Stock Exchange (ASX) code is UGL.

UNITED HOSPITAL CENTER Credit Union
UNITED HOSPITAL CENTER is a credit union with head office in CLARKSBURG, WV

UNITED INVESTORS Credit Union
UNITED INVESTORS is a credit union with head office in LINDEN, NJ

United KIMBERLEY Diamonds NL
United KIMBERLEY Diamonds NL is a large Australian company in the field of materials. Their Australian Stock Exchange (ASX) code is UKD.

United Kingdom currency abbreviation
GBP

United Kingdom mortgage
United Kingdom: Loans for the individual and corporate purchase of residential and other property anywhere in the country's territory.

United Kingdom mortgage broker
United Kingdom: intermediaries for the obtention of a mortgage loan.

UNITED MARYLAND EMPLOYEES Credit Union
UNITED MARYLAND EMPLOYEES is a credit union with head office in OWINGS MILLS, MD

UNITED MEMBERS Credit Union
UNITED MEMBERS is a credit union with head office in TULSA, OK

UNITED METAL RECEPTACLE EMP. Credit Union
UNITED METAL RECEPTACLE EMP. is a credit union with head office in POTTSVILLE, PA

UNITED METALS
UNITED METALS is a securities company with code 02302 at Hong Kong stock. Board lot: 5,000.

UNITED METHODIST Credit Union
UNITED METHODIST is a credit union with head office in MONTCLAIR, CA

UNITED METHODIST FIRST CHOICE Credit Union
UNITED METHODIST FIRST CHOICE is a credit union with head office in RAPID CITY, SD

United Microelectronics
United Microelectronics is a top Taiwanese corporation in the field of semiconductors, and its estimated market value is 11,880 million US dollars.

United Mizrahi Bank
United Mizrahi Bank is a top Israeli corporation in the field of banking, and its estimated market value is 1,060 million US dollars.

UNITED MUTUAL EMPLOYEES Credit Union
UNITED MUTUAL EMPLOYEES is a credit union with head office in RICHMOND, CA

UNITED NATIONS Credit Union
UNITED NATIONS is a credit union with head office in NEW YORK, NY

UNITED NEIGHBORHOOD Credit Union
UNITED NEIGHBORHOOD is a credit union with head office in AUGUSTA, GA

UNITED NORTHWEST Credit Union
UNITED NORTHWEST is a credit union with head office in NORTON, KS

United Overseas Australia Limited
United Overseas Australia Limited is a large Australian company in the field of real estate. Their Australian Stock Exchange (ASX) code is UOS.

United Overseas Bank
United Overseas Bank is a top Singaporean corporation in the field of banking, and its estimated market value is 12,860 million US dollars.

UNITED PACIFIC
UNITED PACIFIC is a securities company with code 00176 at Hong Kong stock. Board lot: 2,000.

United Parcel Service
United Parcel Service is a top United States corporation in the field of transportation, and its estimated market value is 86,850 million US dollars.

UNITED PARCEL SERVICE INC
UNITED PARCEL SERVICE INC is one of the world's largest corporations in the air freight and couriers sector. Its head office is in the United States of America.

UNITED PEOPLE'S Credit Union
UNITED PEOPLE'S is a credit union with head office in LANCASTER, PA

UNITED POLES Credit Union
UNITED POLES is a credit union with head office in PERTH AMBOY, NJ

UNITED POWER
UNITED POWER is a securities company with code 00674 at Hong Kong stock. Board lot: 4,000.

UNITED SAN ANTONIO COMMUNITY Credit Union
UNITED SAN ANTONIO COMMUNITY is a credit union with head office in SAN ANTONIO, TX

UNITED SAVERS Credit Union
UNITED SAVERS is a credit union with head office in BATTLE CREEK, MI

UNITED SAVINGS Credit Union
UNITED SAVINGS is a credit union with head office in ANTIOCH, CA

UNITED SERVICES Credit Union
UNITED SERVICES is a credit union with head office in TOLEDO, OH

UNITED SERVICES OF AMERICA Credit Union
UNITED SERVICES OF AMERICA is a credit union with head office in SAN DIEGO, CA

UNITED SHORELINE Credit Union
UNITED SHORELINE is a credit union with head office in NEW HAVEN, CT

UNITED SOUTHEAST Credit Union
UNITED SOUTHEAST is a credit union with head office in BRISTOL, TN

United States currency abbreviation
USD

United States Customs Service
An agency of the Treasury Department charged with enforcing laws relative to imports.

United States Dollar
The United States Dollar is the official national currency of the United States of America and its overseas territories., and its ISO code is USD. One United States Dollar is divided into 100 Cent units.

United States government securities
Debt issues of the U.S. government, as distinguished from government-sponsored agency issues.

United States mortgage
United States: Loans for the individual and corporate purchase of residential and other property anywhere in the country's territory.

United States mortgage broker
United States: intermediaries for the obtention of a mortgage loan.

UNITED STATES SENATE Credit Union
UNITED STATES SENATE is a credit union with head office in ALEXANDRIA, VA

United States Trust Company of New York
A United States bank with head office in New York City, New York.

United Technologies
United Technologies is a top United States corporation in the field of diversified business, and its estimated market value is 51,120 million US dollars.

United Technologies Corp
United Technologies Corp is one of the world's largest corporations in the aerospace and defense sector. Its head office is in the United States of America.

UNITED TELETECH FINANCIAL Credit Union
UNITED TELETECH FINANCIAL is a credit union with head office in TINTON FALLS, NJ

United Utilities
United Utilities is a top British corporation in the field of utilities, and its estimated market value is 8,510 million US dollars.

UNITED WORKERS Credit Union
UNITED WORKERS is a credit union with head office in SAN LEANDRO, CA

UnitedHealth Group
UnitedHealth Group is a top United States corporation in the field of health care equipment and services, and its estimated market value is 59,580 million US dollars.

Unitisation
The conversion of an investment trust into unit trust.

Unitrin
Unitrin is a top United States corporation in the field of insurance, and its estimated market value is 3,230 million US dollars.

UNITY Credit Union
UNITY is a credit union with head office in OAKLYN, NJ

UNITY INV HOLD
UNITY INV HOLD is a securities company with code 00913 at Hong Kong stock. Board lot: 20,000.

UNITY ONE Credit Union
UNITY ONE is a credit union with head office in FORT WORTH, TX



PREVIOUS AND NEXT TERMS
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Unit benefit formula
A method of calculating an employer's contribution to an employee's defined benefit plan.

Unit investment trust
Money invested in a portfolio whose composition is fixed for the life of the fund.

Unit of measure principle
All transactions have to be accounted for and recorded in a single monetary unit.

Unit of trading
The minimum number of shares, bonds or commodities, usually 100, which are traded in a transaction on an exchange.

Unit Share Investment Trust (USIT)
A unit investment trust comprising one unit of prime and one unit of score.

Unit trust

Unit trusts or mutual funds
Organizations that place investors' money in a variety of stocks and shares.

Unitary elasticity of demand
Exists when a price cut produces such a small change in sales that total revenue remains unchanged.

United States Customs Service
An agency of the Treasury Department charged with enforcing laws relative to imports.

United States government securities
Debt issues of the U.S. government, as distinguished from government-sponsored agency issues.

Unitisation
The conversion of an investment trust into unit trust.

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This dictionary contains 24549 terms.







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