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Municipal Investment Trust (MIT) |
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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.Municipal Investment Trust (MIT) Similar MatchesDirect investmentDirect investmentThe purchase of a controlling interest in a company or at least enough interest to have enough influence to direct the course of the company. InvestmentInvestmentThe buying of shares in individual companies or units in collective funds (unit trusts, OEICs etc) in order to earn income and to make a capital profit.The placing of money with banks and other financial institutions in order to earn interest.In the UK, the Financial Services Act 1986 defines investments to include shares, debentures and other securities such as government securities, certain options and warrants, unit trusts and other forms of collective investment schemes, futures contracts and some long term life insurance contracts. Multilateral Investment Guarantee Agency (MIGA)Multilateral Investment Guarantee Agency (MIGA)Agency established by the World Bank that offers various forms of political risk insurance to corporations. Association of Unit Trusts and Investment FundsAssociation of Unit Trusts and Investment FundsA trade association formed in 1959 to represent the interests of unit trusts and known then as the Unit Trust Association. The Association was renamed AUTIF in April 1993 and merged with the Fund Manager's Association in February 2002 to form the Investment Management Association (IMA). Its stated objectives are:to make representations to the UK Government on legislative, regulatory and taxation matters which affect the business interests of its membersto liase with the Financial Services Authority and other organisations in the UK and Europe on regulatory matters and other important issuesto increase public awareness and understand ing of investment fundsto seek to improve the standards of training in the industryto seek to integrate personal finance education into the school curriculumto add value to member companies by providing them with information, guidance and assistance in matters related to their businessto offer an information service to external parties interested in the activities of the UK investment funds industryIMA's website is: http://www.investmentfunds.org.uk Brown field investmentBrown field investmentFDI that involves the purchase of an existing plant or firm, rather then construction of a new plant. Contrasts with green field investment. Further SuggestionsInvestment Company with Variable CapitalInvestment product line (IPL) real estate investment trust Normal investment practice Investment company Investment value Personal Investment Authority Foreign investment argument for protection Foreign investment risk matrix (FIRM) Association of Investment Trust Companies Investment letter Undertakings for Collective Investment in Tradable Securities Return on investment (ROI) Trade and investment Monthly investment plan Investment Valuation Model (IVM) Recognised Investment Exchange Direct Foreign Investment investment bond Green field investment alternative investment Investment management Unamortized premiums on investments Ethical Investment Research Service Guaranteed investment contract (GIC) |
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