| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,896,407,292 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Royalty Income Trust |
0.01 sec. |
|
|
Royalty Income Trust A unit investment trust in which the trustee buys the rights to income from a natural resource, such as oil or real estate, and distributes the profit to beneficiaries. A company, such as an oil company, may sell the right to income from an oil well to a royalty income trust because it usually pays more than other ways of raising capital. Likewise, an investor may be interested in buying into such a trust because yields are often higher than stocks or bonds. For example, an oil company may sell oil wells to a royalty income trust instead of issuing stock or a bond in order to raise capital to increase its capacity for pumping oil out of the ground. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|