Meaning INVESTMENT TRUST: A closed-end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares that are traded on the secondary markets, like corporate stock. The market price may exceed the net asset value per share, in which case shares are selling at a premium. When the market price falls below the (NAV)/share, shares are selling at a discount. Many closed-end funds are of a specialized nature; the portfolio represents a particular industry or, country. These funds are usually listed on U.S. and foreign exchanges
More terms such as Investment trust in Dictionary I.
- Definition In Competition:
- Examples Indication that the customer has revealed trading interest to multiple brokers and that the trade will take place with the firm having the highest bid or lowest offer. Antithesis of exclusive investment trust definition.
- Definition Indexed Bond:
- Examples Bond whose payments are linked to an index, e.g., the consumer price index investment trust explain.
- Definition I:
- Examples Fifth letter of a Nasdaq stock symbol specifying that it is the third preferred bond of the company investment trust what is.
- Definition Investment Advisory Service:
- Examples A business that specializes in providing investment advice for a fee. All advisers of an advisory service must be registered with the Securities and Exchange Commission investment trust meaning.
- Definition Internal Finance:
- Examples Finance generated within a firm by retained earnings and depreciation investment trust abbreviation.
