Meaning UNIFORM GIFTS TO MINORS ACT (UGMA): Legislation that provides a tax-effective manner of transferring property to minors without the complications of trusts or guardianship restrictions
More terms such as Uniform Gifts to Minors Act (UGMA) in Dictionary U.
- Definition Unmargined Account:
- Examples A cash account held at a brokerage firm uniform gifts to minors act (ugma) definition.
- Definition Ultradot:
- Examples Applies to derivative products. Firm proprietary software that stores, and sends baskets of stock through SEAQ to either the NYSE or the curb for program trading uniform gifts to minors act (ugma) explain.
- Definition Unamortized Bond Discount:
- Examples Par value of a bond less the proceeds received from the sale of the bond, less whatever portion has been amortized uniform gifts to minors act (ugma) what is.
- Definition Unit:
- Examples More than one class of securities traded together (e.g., one common share and three subscription warrants uniform gifts to minors act (ugma) meaning.
- Definition Underwriting Spread:
- Examples generated by the underwriting syndicate and the selling group, which is essentially the difference between the amount paid to the issuer of securities in a primary distribution and the public uniform gifts to minors act (ugma) abbreviation.
