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Real Estate Mortgage Investment Conduit (REMIC) |
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Real Estate Mortgage Investment Conduit (REMIC)A pass-through tax entity that can hold mortgages secured by any type of real property and can issue multiple classes of ownership interests to investors in the form of pass-through certificates, bonds, or other legal forms. A financing vehicle created under the Tax Reform Act of 1986.Real Estate Mortgage Investment Conduit (REMIC) Similar MatchesInvestmentInvestmentThe 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. Unit investment trustUnit investment trustMoney invested in a portfolio whose composition is fixed for the life of the fund. Shares in a unit trust are called redeemable trust certificates, and they are sold at a premium to net asset value. Diversified investment companyDiversified investment companyAn investment vehicle such as a mutual fund that invests in an assortment of securities. Investment clubInvestment clubA group of people who combine their money into a larger pool, then invest collectively in stocks and bonds, making decisions as a group. Recognised Investment ExchangeRecognised Investment ExchangeAn investment exchange which meets the requirements for recognition under the Financial Services Act 1986 and is approved by the Financial Services Authority (FSA). Further SuggestionsAssociation of Unit Trusts and Investment FundsZero investment portfolio Investment Company Institute (ICI) Statutory investment Investment Management Regulatory Organisation Systematic investment plan Reinvestment investment bond Foreign investment risk matrix (FIRM) Investment company Reinvestment rate Reinvestment risk Portfolio investment Real Estate Investment Trust (REIT) Investment Advisers Act Alternative investments investment income Investment software Passive investment management Brown field investment Investment certificate Investment advisory service Investment Company with Variable Capital Investment split capital investment trust |
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