Regulated Investment Company

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Regulated investment company

An investment company allowed to pass capital gains, dividends, and interest earned on fund investments directly to its shareholders so that it is taxed only at the personal level, and double taxation is avoided.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Regulated Investment Company

An investment company that does not pay taxes on its earnings. Mutual funds and closed-end investment companies are both regulated investment companies. RICs are able to escape corporate taxes because they profit from investments by shareholders and do not have any real operations. They are therefore able to pass profits to shareholders and avoid double taxation. In order to qualify as an RIC, a company must derive at least 90^ of its profits from investment activities.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

regulated investment company

An investment company that meets certain standards and, as a result, does not have to pay federal income taxes on distributions of dividends, interest, and realized capital gains. Essentially, this income is passed through to the stockholders, who, in turn, are taxed. To qualify as a regulated investment company a firm must derive at least 90% of its income from dividends, interest, and capital gains. It also must distribute at least 90% of the dividends and interest received. It must have a minimum diversification of its assets.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Regulated Investment Company (Mutual Fund)

A company or trust that uses its capital to invest in other companies. The two principal types are closed-end and open-end mutual funds. Shares in closed-end mutual funds, some of which are listed on stock exchanges, are readily transferable on the open market and are bought and sold like other shares. Open-end funds sell their own new shares to investors, stand ready to buy back their old shares, and are not listed.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
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The presence of the first and third elements are beyond question, as the parties admitted that Claire sold to Ric a parcel of land.
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He might have made it more so by widening the book's scope to cover the crucial events leading up to the RIC's dissolution in 1922.
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Rukminto, [17] stated that approach of development distribution in RIC Empowerment program is focused to society substance, namely "Social Welfare Development of Remote Indigenous Community in Bombana to empower people all aspects of life and livelihood to make them play active role in Regional integration development using a participatory approach and attention to social, cultural and environmental potential without leaving the customs".
Peabody requested his benefits under the plan, and RIC gave him the option to redeem his 835 shares immediately for $215 per share, redeem them in 2005 for $300 per share, or redeem them in 2007 for $400 per share.
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Ric: Gives us a chance to mSS arginalise anyone who criticises our ideas as being afraid of a radical approach to the future.