This is done to help avoid "double taxing" for investment distributions.
Investment dictionary. Academic. 2012.
regulated investment company — (RIC) USA An US investment company that meets certain tax requirements regarding its assets, income and distributions. Mutual funds and closed end investment companies typically are classified as RICs. Generally, a RIC must: • Meet an asset… … Law dictionary
RIC — regulated investment company (RIC) USA An US investment company that meets certain tax requirements regarding its assets, income and distributions. Mutual funds and closed end investment companies typically are classified as RICs. Generally, a… … Law dictionary
Unit Investment Trust — A Unit Investment Trust (UIT) is a US investment company offering a fixed (unmanaged) portfolio of securities having a definite life. UITs are assembled by a sponsor and sold through brokers to investors.A UIT portfolio may contain one of several … Wikipedia
Unit Investment Trust - UIT — An investment company that offers a fixed, unmanaged portfolio, generally of stocks and bonds, as redeemable units to investors for a specific period of time. It is designed to provide capital appreciation and/or dividend income. Unit investment… … Investment dictionary
Form 2439: Notice to Shareholder of Undistributed Long-Term Capital Gains — A tax form distributed by the Internal Revenue Service (IRS) that notifies a shareholder of undistributed long term capital gains, unrecaptured section 1250 gains and small business stock (section 1202) gains. Form 2439 is completed by a real… … Investment dictionary
BDC — may mean: *Babylon Dictionary (*.BDC) File type extension for Babylon dictionaries *Backup Domain Controller *Banque de Développement des Comores in the Comoros *Battledome Chat on Neopets * Beck Depression Checklist or Burns Depression Checklist … Wikipedia
Lloyd's of London — Not to be confused with Lloyds TSB or Lloyd s Register. Lloyd s redirects here. For other uses, see Lloyd This article is about the insurance market. For the film, see Lloyd s of London (film). Lloyd s Type Ins … Wikipedia
