UIT definition

UIT means a unit investment trust consisting of a portfolio of municipal bonds or taxable securities.
UIT means the Value of Excess Return Asset(i) (as defined in § 2 (2) of these Conditions) as at the Valuation Date(t).

Examples of UIT in a sentence

  • LPL also receives additional payments from UIT sponsors, also known as volume concessions, based on LPL’s aggregate sales volume with the sponsor.

  • LPL receives a dealer concession from a unit investment trust (“UIT”) sponsor in connection with the Plan’s investment in a UIT, which may range from 1% to 3.5%.

  • Before purchasing any UIT, you should read and understand the information about the UIT contained in the offering docu- ments, including the prospectus, including the risks associated with such a product.

  • A UIT is a registered investment company that buys and holds a generally fixed portfolio of equities, bonds, or other securities or assets.

  • The maximum upfront sales charge paid typically ranges from 1.85% to 3.95%, and can depend on the length of the term of the UIT.


More Definitions of UIT

UIT means the Value of Excess Return Asset(i) as of the immediately preceding Rebalancing Date(T).
UIT means Uniper IT GmbH. 3 Purchase order and confirmation
UIT means investment companies regulated primarily under Sections 4 and 26 of the 40 Act that are invested primarily in municipal securities or securities of domestic corporations and which have greater than $100,000,000.00 in total assets under management and a FMV greater than or equal to $4.00 per share. Leveraged and inverse or "bear market" funds, non-networked funds, funds invested primarily in private equity, private placements, limited partnership interests, or venture capital enterprise, funds organized under the laws of, and/or operated from within, countries other than the United States of America, and face-amount certificate and management companies are not included in this definition.
UIT means User Integration Testing. UAT means User Acceptance Testing.
UIT is the Peruvian Tax Unit (UIT, its Spanish acronym), the same which is determined by the Executive Branch and whose value is expressed in nuevos soles and published in “El Peruano” official newspaper.
UIT is the Peruvian Tax Unit (UIT, for its Spanish acronym) according to the Standard XV of the Preliminary Title of the Single Ordered Text of the Tax Code, approved by Supreme Decree N° 133-2013-EF or the replacing regulation. For purposes of this contract we shall consider the value in force at the time of its application.
UIT is an investment company, as defined in the Investment Company Act of 1940, as amended (the "1940 Act").