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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With A
  5. Authorized Unit Trust

Authorized Unit Trust

Definition of 'Authorized Unit Trust'

A unit trust scheme authorised by FSA. A UK unit trust must be authorised before it can be offered to the general public in the UK.

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Related Terms

Authorised Unit TrustTrust DeedAccumulation and Maintenance TrustStrategic Business UnitAccumulation UnitsBargainBid PriceCancellation PriceExit ChargeAuthorized CapitalAuthorized Corporate Director (ACD)Authorized InvestmentsAuthorized PersonAuthorized Share CapitalBook/BoxInternal MetricsSBUTariffable Unit (TU)Unit of AccountAITC

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