Accumulation unit

Accumulation Unit

1. In a unit trust, a structure whereby a unit holder automatically reinvests profits from the trust, rather than accepts them as dividends. See also: DRIP.

2. In a variable annuity, the shares that the annuity has purchased with the money the annuitant has invested in it.

Accumulation unit.

Accumulation units are the shares you own in the separate account funds of a variable annuity during the period you're putting money into your annuity.

If you own the annuity in a 401(k) plan, each time you make a contribution that amount is added to one or more of the separate account funds to buy additional accumulation units.

The value of your annuity is figured by multiplying the number of units you own by the dollar value of each unit. During the accumulation phase, that value changes to reflect the changing performance of the underlying investments in the separate account funds.

单词	accumulation unit
释义	Accumulation unit Accumulation Unit 1. In a unit trust, a structure whereby a unit holder automatically reinvests profits from the trust, rather than accepts them as dividends. See also: DRIP. 2. In a variable annuity, the shares that the annuity has purchased with the money the annuitant has invested in it. Accumulation unit. Accumulation units are the shares you own in the separate account funds of a variable annuity during the period you're putting money into your annuity. If you own the annuity in a 401(k) plan, each time you make a contribution that amount is added to one or more of the separate account funds to buy additional accumulation units. The value of your annuity is figured by multiplying the number of units you own by the dollar value of each unit. During the accumulation phase, that value changes to reflect the changing performance of the underlying investments in the separate account funds.
随便看	board-check board coal board committee on conformity assessment board configuration switching unit board construction board control and status register board controller and symbol generator board controller local area network board coordinating parole agent board diagnostics board diplomate board director training institute of japan board drop hammer boarded boarded door boarded her out boarded him out boarded me out boarded one out boarded out boarded over boarded the gravy train boarded them out boarded up boarded-up