Definition of unit-linked in English:
Denoting or relating to a life assurance policy or other investment in which the premiums or payments are invested in a unit trust.
- Weak equity markets have hit unit-linked life insurance products, which make up roughly 25 per cent of the company's life and savings product sales.
- Typically, one would consider transferring investments such as shares, bonds, and offshore investment instruments (unit trusts, unit-linked insurance policies, and the like) into an offshore trust.
- As for investors in unit trusts (or unit-linked endowments), they experience the full exhilaration and despair of the stock market's ups and downs.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.