| 单词 | accumulation unit |
| 释义 | > as lemmasaccumulation unit accumulation unit n. Finance a unit in an investment trust or unit trust in which dividends are reinvested in the trust, enabling the value of the unit to increase. ΚΠ 1952 Jrnl. Finance 7 291 The Equities Fund will convert the participant's total number of Accumulation Units into a life annuity expressed in numbers of Annuity Units, instead of dollars. 1961 Economist 30 Sept. 1291/3 For those trusts whose income has to be reinvested..there will be special ‘accumulation units’ in which all the income will be ploughed back; these may be converted at any time into the ordinary ‘income units’. 2002 Which? Tax Saving Guide 10/2 If you receive income from unit trusts or Oeics, you may have what's called accumulation units or shares. < as lemmas |
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