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unitholder

Line breaks: unit|hold¦er
Pronunciation: /ˈjuːnɪthəʊldə
 
/

Definition of unitholder in English:

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.

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