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unit holder

British  

noun

  1. an investor in a unit trust fund

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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The structures allow companies to raise money in the stock market, while having income taxed only at the unit holder level, thus avoiding corporate income taxes.

From Reuters • Dec. 12, 2012

The "master limited partnership," or MLP, structure allows certain types of companies to raise money in the stock market, while having income taxed only at the unit holder level, avoiding corporate income taxes.

From Reuters • Jun. 7, 2012