cancellation price (2024)

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The lowest price at which the manager of a unit trust may offer to redeem units on a particular day. The cancellation price is calculated on the basis of a formula laid down by the Securities and Investment Board.

Reference entries
cancellation price (UK)

in The Handbook of International Financial TermsLength: 20 words

cancellation price

in A Dictionary of Finance and Banking(4 rev)Length: 12 words

cancellation price

in A Dictionary of Business and Management(5)Length: 41 words

cancellation price (2024)
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