|
|
Investor Stock Glossary:
Municipal Investment Trust (MIT)
- M -
| Term: |
|
Municipal Investment Trust (MIT)
|
|
|
Definition: |
|
A unit Investment trust that buys municipal Bonds and usually holds them until maturity, passing the Bond income On to shareholders, usually tax-free. |
|
Related Links:
-
Stock Chart: A useful feature for anyone who uses our charts, whether as a beginner or advanced user. This section includes
detailed explanations of all chart features, chart settings, and provides a
list of hotkeys. Any updates made to our charts will be
reflected in this section.
|
|
|
|