accumulation unit — Type of unit in a unit trust where the income is reinvested automatically, thereby increasing the price of the unit. * * * accumulation unit accumulation unit ➔ unit * * * accumulation unit UK US noun [C] FINANCE ► a share in an investment trust… … Financial and business terms
accumulation unit — A unit in a unit trust or an investment trust in which dividends are ploughed back into the trust, after deducting income tax, enabling the value of the unit to increase. It is usually linked to a life assurance policy … Big dictionary of business and management
accumulation unit — /əˌkju:mjυ leɪʃ(ə)n ˌju:nɪt/ noun a type of unit in a unit trust, which produces dividends which are used to form more units (as opposed to an income unit, which produces dividends which the investor receives as income) … Dictionary of banking and finance
unit — More than one class of securities traded together ( e.g., one common share and three subscription warrants ). Bloomberg Financial Dictionary Securities representing a portion of assets pooled by investors: run by a management company whose share… … Financial and business terms
Accumulation of degrees — Degree De*gree , n. [F. degr[ e], OF. degret, fr. LL. degradare. See {Degrade}.] 1. A step, stair, or staircase. [Obs.] [1913 Webster] By ladders, or else by degree. Rom. of R. [1913 Webster] 2. One of a series of progressive steps upward or… … The Collaborative International Dictionary of English
Annuity Unit — An accumulation unit for which the annuitant has annuitized their contract. This is a sub account of the retiree s total accumulated annuity. These units represent a fixed share of ownership of the insurer s accounts portfolio. When an insured… … Investment dictionary
Carnegie Unit and Student Hour — The Carnegie Unit and the Student Hour (also called a Credit Hour) are strictly time based references for measuring educational attainment used by American universities and colleges; the Carnegie Unit assesses secondary school attainment, and the … Wikipedia
Social unit — is a term used in sociology, anthropology, ethnology, and also in animal behaviour studies, zoology and biology to describe an social entity which is part of, and particpates in, a larger social group, or society. Dimitrie Gusti defined that… … Wikipedia
European Credit Transfer and Accumulation System — (ECTS) is a standard for comparing the study attainment and performance of students of higher education across the European Union and other collaborating European countries. For successfully completed studies, ECTS credits are awarded. One… … Wikipedia
neighborhood delivery and collection box unit — (NDCBU) A centralized unit of more than eight individually locked compartments sized to accommodate the delivery of magazines, merchandise samples, and several days accumulation of mail. In addition, collection mail may be deposited in a… … Glossary of postal terms
