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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With T
  5. Tariffable Unit (TU)

Tariffable Unit (TU)

Definition of 'Tariffable Unit (TU)'

The unit of charging for CREST transactions (TU), based on the cost charged by CRESTCo to each counterparty for a movement of stock and cash between two memberships, with CREST matching input

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Related Terms

Authorised Unit TrustAuthorized Unit TrustStrategic Business UnitBook/BoxInternal MetricsSBUUnit of AccountAccumulation SharesAccumulation UnitsAnnualise Percentage Rate of InterestAUTIFBargainBid Offer SpreadBid PriceBid/Offer SpreadBIMBOBondBuybackCancellation PriceClaims Processing Unit (CPU)

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