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Single priceUnits in unit trusts are priced by dividing the value of the trust's underlying investments by the number of units in issue. But most unit trusts have a bid price (at which an investor can sell units) and an offer price (at which the investor can sell units) and the first is lower than the second.OEICs, however, have single pricing, based on the mid-market valuation of the underlying investments. The buying and selling price of units is the same. The fund provider's charges are shown separately.Similar MatchesSingle state municipal bond fundSingle state municipal bond fundA mutual fund investing only in government obligations within a single state, with state tax-free dividends, but taxed capital gains. Single country fundSingle country fundA mutual fund that invests in individual countries outside the United States. Single premium life insuranceSingle premium life insuranceA single payment for an insurance policy rather than regular premiums. Single life annuitySingle life annuityAn annuity covering one person. A straight life annuity provides payments until death, while a life annuity with a guaranteed period provides payments until death or continues payments to a beneficiary for a guaranteed term, such as ten years. Single premium life insuranceSingle premium life insuranceA whole life insurance policy requiring one premium payment, which accrues cash value much more quickly than a policy paid in installments. Further SuggestionsSingle undertakingSingle payment bond Single factor model Single Premium Deferred Annuity (SPDA) Single index model Single European Act Single European Act Single Market Single buyer policy Single option single company PEP |
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