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unit holder
noun
- an investor in a unit trust fund
Example Sentences
Seritage’s biggest unit holder is ESL.
The fixed holding period, while providing predictability, adds another risk, since the unit holder may get his or her money back at a time when prospects for reinvesting are poor.
To manage that risk, the unit holder can monitor market conditions and sell early, but that requires more work and savvy than many fund investors are prepared to do.
Like MLPs, royalty trusts have no taxation at the company level and pass on to unit holder's tax deductions like depreciation and asset depletion, reducing the investor's tax on earnings.
"Therefore, instead of two levels of tax, as is the case with a corporation, there is only one level of tax – that at the level of the unit holder," he says.
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