Accumulation Account:
An account used by the sponsor of a Unit Investment Trust to acquire securities for the eventual placement within the trust.
Unit Investment Trust:
A type of investment company in which a portfolio is purchased and held with little or no change to the investments. Commonly used with municipal bond investments.
Advertisement
This Is The Best Offer We’ve Ever Tested All Time.
Resurge is the world’s first and only anti-aging nutritional protocol that targets the true cause of unexplained weight gain, stubborn belly fat and metabolic slowdown.
Advertisement
Learn more about finance terms at Investopedia
0 Comments