Meaning MUNICIPAL INVESTMENT TRUST (MIT): A unit investment trust that buys municipal bonds and usually holds them until maturity, passing the bond income on to shareholders, usually tax-free
More terms such as Municipal Investment Trust (MIT) in Dictionary M.
- Definition Mortgage Broker:
- Examples A company or individual that places mortgage loans with lenders, but does not originate or service loans like a mortgage banker municipal investment trust (mit) definition.
- Definition Municipal Revenue Bond:
- Examples A bond issued to finance a public project that is funded by receipts from the project's operation municipal investment trust (mit) explain.
- Definition Mean-Variance Criterion:
- Examples portfolios based on the means and variances of their returns. The choice of the higher expected return portfolio for a given level of variance or the lower variance portfolio for a given expected municipal investment trust (mit) what is.
- Definition Matching Concept:
- Examples The accounting principle that requires the recognition of all costs that are associated with the generation of the revenue reported in the income statement municipal investment trust (mit) meaning.
- Definition Merchandise:
- Examples All movable goods such as cars, textiles, or appliances municipal investment trust (mit) abbreviation.
