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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 MatchesStatutory investmentStatutory investmentAn investment that a trustee is authorized to make under state law. Regulated investment companyRegulated investment companyAn investment company allowed to pass capital gains, dividends, and interest earned on fund investments directly to its shareholders so that it is taxed only at the personal level, and double taxation is avoided. Investment bankInvestment bankFinancial intermediaries who perform a variety of services, including aiding in the sale of securities, facilitating mergers and other corporate reorganizations, acting as brokers to both individual and institutional clients, and trading for their own accounts. See: Underwriters. Tradepoint Investment ExchangeTradepoint Investment ExchangeA London-based stock exchange which opened on 21st September 1995 and which currently deals in 900 of the most actively traded UK equities.Tradepoint is an electronic order driven market accessible via a standard IBM PC where brokers, market makers and investing institutions participate on an anonymous basis and enter buy or sell orders. For the most liquid stocks, trades are completed the moment a corresponding buy or sell order is entered by another participant. Less liquid stocks are traded by way of computer matching following the accumulation of orders after periods of time.Trades are guaranteed by the London Clearing House (LCH) and settlement is via Crest. Tradepoint is a Recognised Investment Exchange (RIE) and is regulated by the Financial Services Authority (FSA). Direct 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. Further Suggestionsinvestment trustinvestment income Investment Company with Variable Capital Unit Share Investment Trust (USIT) Investment Advisers Act Diversified investment company investment company Reinvestment rate local authority investment investment bond Alternative Investment Market Leveraged investment company Portfolio investment Ethical Investment Research Service Investment software Investment agreement Investment Management Regulatory Organisation Zero investment portfolio Guaranteed investment contract (GIC) Unit investment trust Return on investment (ROI) Investment value Mutually exclusive investment decisions Systematic investment plan Registered investment company |
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