Public Unit Account

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Dictionary Says

Definition of 'Public Unit Account'

An account that holds funds provided by the United States government and its agencies. Public unit accounts include deposit accounts of the United States, including federal agencies; any state, county, municipality or a political subdivision thereof; the District of Columbia, Puerto Rico and other government territories; and accounts owned by an Indian tribe. Also known as a government account.
Investopedia Says

Investopedia explains 'Public Unit Account'

Insurance coverage of a public unit account under the Federal Deposit Insurance Corporation (FDIC) extends to the official custodian of the deposits belonging to the public unit, rather than to the public unit itself. Each official custodian of deposits in an insured depository institution located in the same state as the public unit, is insured up to $250,000 as of 2011 for time and savings deposits, and up to $250,000 for demand deposits as of 2011. This is a unique feature of FDIC insurance coverage as applicable to public unit accounts.

 
Search results for

'Public Unit Account'

  • Series 7 Study Guide - Packaged Securities - Unit investment ...

    http://www.investopedia.com/exam-guide/series-7/packaged-securities/unit-investment-trust.asp
    ... 6.3 Unit investment trusts (UITs); 6.4 Other Types ... On Margin; 10.14 Special Memorandum
    Account; 10.15 Short ... 14.7 Standards for Public Communications; 14.8 Options ...

  • Series 6 Study Guide - Investment Companies - Unit Investment ...

    http://www.investopedia.com/exam-guide/finra-series-6/investment-companies/unit-investment-trust.asp
    ... Customer Accounts; 13.9 Death or Incompetence of the Account Owner; ... sell a fixed
    number of shares to unit holders, who ... issues shares in a one-time public offering ...

  • Series 7 Study Guide - Rules and Regulations - Standards for ...

    http://www.investopedia.com/exam-guide/series-7/rules-regulations/public-communications.asp
    ... An existing customer is an investor who has had an account open with ... classifies these
    recommendations, which take the form of public communications, according ...

  • Series 7 Study Guide - Customer Accounts - Special Memorandum ...

    http://www.investopedia.com/exam-guide/series-7/customer-accounts/special-memorandum-account.asp
    ... 6.3 Unit investment trusts (UITs); 6.4 Other Types ... On Margin; 10.14 Special Memorandum
    Account; 10.15 Short ... 14.7 Standards for Public Communications; 14.8 Options ...

  • Series 7 Study Guide - Customer Accounts - Important Account Rules ...

    http://www.investopedia.com/exam-guide/series-7/customer-accounts/rules.asp
    ... 6.3 Unit investment trusts (UITs); 6.4 Other Types ... On Margin; 10.14 Special Memorandum
    Account; 10.15 Short ... 14.7 Standards for Public Communications; 14.8 Options ...

  • Series 7 Study Guide - Customer Accounts - Margin Account ...

    http://www.investopedia.com/exam-guide/series-7/customer-accounts/hypothecation-margin-value.asp
    ... 6.3 Unit investment trusts (UITs); 6.4 Other Types ... On Margin; 10.14 Special Memorandum
    Account; 10.15 Short ... 14.7 Standards for Public Communications; 14.8 Options ...

  • Series 7 Study Guide - Customer Accounts - Opening a Retirement ...

    http://www.investopedia.com/exam-guide/series-7/customer-accounts/opening-retirement-accounts.asp
    ... 6.3 Unit investment trusts (UITs); 6.4 Other Types ... On Margin; 10.14 Special Memorandum
    Account; 10.15 Short ... 14.7 Standards for Public Communications; 14.8 Options ...

  • Series 26 Study Guide - Investment Companies - Types of Investment ...

    http://www.investopedia.com/exam-guide/series-26/investment-companies/investment-companies.asp
    ... 6.7 Standards Applicable to Public Communications, Advertisements ... 8.3 Confirmation
    of Transactions and Account Statements; ... Unit Investment Trusts (UITs) A unit ...

  • Series 7 Study Guide - Customer Accounts - Margin Accounts ...

    http://www.investopedia.com/exam-guide/series-7/customer-accounts/margin-account.asp
    ... 6.3 Unit investment trusts (UITs); 6.4 Other Types ... On Margin; 10.14 Special Memorandum
    Account; 10.15 Short ... 14.7 Standards for Public Communications; 14.8 Options ...

  • How Buying Groceries in Bulk Will De-Bulk Your Checking Account ...

    http://financialedge.investopedia.com/financial-edge/0609/How-Buying-Groceries-in-Bulk-Will-De-Bulk-Your-Checking-Account.aspx
    ... How Buying Groceries in Bulk Will De-Bulk Your Checking Account. ... they may have a
    large family or just feel like they are saving money because the unit price is ...

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