Definition of unitholder in English:

Share this entry

unitholder

Pronunciation: /ˈjuːnɪthəʊldə/

Entry from British & World English dictionary

noun

chiefly British
A person with an investment in a unit trust.
Example sentences
  • Closed end retail funds no longer accept new investors or new investments from existing unitholders.
  • Some funds distribute returns directly to unitholders, while others reinvest the distributions back into the fund, buying more units for fundholders.
  • Also, the number of unitholders has quadrupled, again indicating investors' strong appetite for low cost, tax smart and precise investment vehicles.

For editors and proofreaders

Line breaks: unit|hold¦er

Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.