Estimated Current Return

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Definition: Estimated Current Return

Estimated Current Return
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Full Definition of Estimated Current Return

The estimated return that should be expected for a unit investment trust over a short period of time (i.e. annually). It is an estimate of the interest that will be distributed to a unit holder. To obtain the estimated current return, divide the estimated annual interest income from the portfolio securities by the maximum public offering price.

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https://payrollheaven.com/define/estimated-current-return/
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Estimated Current Return. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/estimated-current-return/.
Chicago Manual of Style (CMS):
Estimated Current Return. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/estimated-current-return/ (accessed: April 20, 2024).
American Psychological Association (APA):
Estimated Current Return. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/estimated-current-return/

Definition Sources

Definitions for Estimated Current Return are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.