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Definitions
Directory
Dictionary > Definitions > Economy > Units of Account
Units of Account
Definition
Support of a contract in which the amount of the saving and the guarantees is expressed by reference to units of placements, the such shares of SICAV, CPF or shares of SCPI.
Description
The Units of Account follow the fluctuations of the financial markets on which they are invested.
Author
Md.khurshed Alam
Author Email
mk_alamcce@yahoo.com
References
Definitions to be consulted