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Regulated Investment Company - RIC
What does it mean?
A mutual fund or real estate investment trust that is eligible to pass the taxes on capital gains, dividends, or interest payments onto the clients or individual investors.
In Other Words...
This is done to help avoid "double taxing" for investment distributions.
Related Links
Mutual Fund Basics Tutorial - Learn about the basics--and the pitfalls!--of investing in mutual funds.
Related Terms
Mutual Fund | Regulation M | REIT
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A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
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