- authorised unit trust
A unit trust authorised by the Financial Services Authority under the Financial Services and Markets Act 2000. A UK unit trust must be authorised before it can be offered to the general public.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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heading — UK US /ˈhedɪŋ/ noun [C] ► a title printed at the top of a page or section of a document: »Every day the Daily Telegraph lists eligible unit trusts under the heading Authorised unit trust prices . ► the subject of something being discussed,… … Financial and business terms