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Unit trust
Unit trustUnit 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-------------------------------------- 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-------------------------------------- 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-------------------------------------- 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. We thank you for using the Financial Dictionary to search for Unit trust. If you have a better definition for Unit trust than the one presented here, please let us know by making use of the suggest a term option. This definition of Unit trust may be disputed by other professionals. Our attempt is to provide easy definitions on Unit trust and any other medical topic for the public at large.
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