October 27, 2008
Day trading system - In consideration of the payment of certain specified periodic sums, the corporation agrees to pay to the purchaser, at the maturity date indicated in the contract, the face amount of the certificate, or to pay, prior to is maturity date, upon demand and surrender of the certificate, its surrender value.
2.Unit investment trust: Any company which is organized under a trust indenture or similar instrument, which does not have a board of directors, and which issues only redeemable securities, each of which represents an interest in specific se curities. These were formerly known as fixed or semifixed in vestment trusts. The investor obtained a certificate evidencing a beneficial ownership of an undivided interest in a unity or fixed number of specified securities which might be changed only under certain conditions. 3.Periodic-payment or installment investment plans: Essen tially, these are devices for selling investment company securi ties on a periodic or installment plan basis.
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