Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Split capital investment trust — A Split Capital Investment Trust (Split) is a type of investment trust which issues different classes of share to give the investor a choice of shares to match their needs. Most Splits have a limited life determined at launch known as the wind up … Wikipedia
split-capital investment trust — split level trust; split trust An investment trust with a limited life in which the equity capital is divided into various classes of income shares and capital shares. Holders of income shares receive all or most of the income earned plus a… … Big dictionary of business and management
Split Capital Investment Trust — An investment trust, or collective investment company, that sells shares and then pools together the proceeds to buy shares in other companies, thereby creating an investment portfolio. Investment trusts contrast with unit trusts and mutual… … Financial and business terms
split-level investment trust — /ˌsplɪt ˌlev(ə)l ɪn vestmənt trʌst/ noun an investment trust with two categories of shares: income shares which receive income from the investments, but do not benefit from the rise in their capital value; and capital shares, which increase in… … Dictionary of banking and finance
Investment trust — Investment trusts are companies that invest in the shares of other companies for the purpose of acting as a collective investment.cite web title = Investment Trusts work = Your Money publisher = The Motley Fool date= 13 March 2006 url =… … Wikipedia
investment trust — investment company A company that invests the funds provided by shareholders in a wide variety of securities. It makes its profits from the income and capital gains provided by these securities. The investments made are usually restricted to… … Big dictionary of business and management
split-capital trust — /ˌsplɪt ˌkæpɪt(ə)l trʌst/ noun same as split level investment trust … Dictionary of banking and finance
split investment trust — see ↑split capital trust above. • • • Main Entry: ↑split split investment trust see ↑split capital trust under ↑split • • • Main Entry: ↑trust … Useful english dictionary
split capital trust — noun An investment trust having several kinds of security with differing rights, and with a limited life (also split cap, split investment trust, split level trust and split trust) • • • Main Entry: ↑split … Useful english dictionary
split-capital trust — An investment trust that offers different types of share: high income shares that provide no capital growth, for example, or pure capital growth shares that provide no income. This type of investment gives the private investor the opportunity to… … Financial and business terms
