Regulated investment company

Regulated Investment Company - RIC
A mutual fund or real estate investment trust that is eligible to pass the taxes on capital gains, dividends, or interest payments onto the clients or individual investors.
Relative Return ...

Regulated investment company
An investment company allowed to pass capital gains, dividends, and interest earned on fund investments directly to its shareholders so that it is taxed only at the personal level, and double taxation is avoided.

Meaning #1: a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
Synonym: unit investment trust
Wikipedia:
Unit trust ...

regulated investment company "Investment firm eligible under IRS Regulation M to pass capital gains, dividends... regulation A rule designed to control the conduct of those to whom it applies.

Capital Gains Distribution
A distribution to investment company shareholders from net long-term capital gains realized by a regulated investment company on the sale of portfolio securities.

stock of other publicly traded companies, share prices are determined by the pressures of supply and demand rather than by the value of underlying assets. Also called publicly traded fund. Compare mutual fund. See also regulated investment company.

See also: Mutual Fund, Investment, Investment Company, Market, Issue