UNITHOLDER

Etymology

Noun

unitholder (plural unitholders)

(finance) An owner of a beneficial interest ("unit") in a financial entity such as an investment trust.

Coordinate terms

• bondholder

• shareholder

• stockholder

Source: Wiktionary



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Word of the Day

20 June 2024

INSIGNIFICANTLY

(adverb) not to a significant degree or amount; “our budget will only be insignificantly affected by these new cuts”


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Coffee Trivia

Some 16th-century Italian clergymen tried to ban coffee because they believed it to be “satanic.” However, Pope Clement VII loved coffee so much that he lifted the ban and had coffee baptized in 1600.

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