Definition of "unitholder" [unitholder]

• An owner of a beneficial interest ("unit") in a financial entity such as an investment trust. (noun)

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• "The repayment of the Fund's credit facility was considered to be in the best interest of the Fund's unitholders, as the Manager considered doing so would have a more significant impact on long-term unitholder value than would have been realized by purchasing units through the Program in declining market conditions."
• "It is up to the unitholder (and his financial advisor) to lighten up on equity funds when appropriate."
• "Income trusts are comprised of assets assigned to a dedicated trust of which you, the shareholder or unitholder, own a portion, as well as the future cash flow stream associated with those assets."