For Accumulation Account we have terms and definitions in 2 topics. The topics are Frauds and Scams and Investing.

The sponsor of a Unit Investment Trust uses an accumulation account to deposit securities it has acquired. These securities will eventually become part of the trust itself.
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The sponsor of a Unit Investment Trust uses an accumulation account to deposit securities it has acquired. These securities will eventually become part of the trust itself.
See Also: Unit Investment Trust
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