Auction Date: 9/15/2015 (Awaiting Update). The information at this site is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the owner of the site is licensed.
(1) Short for real-time technology. RTT refers to technology that allows a user to receive data during the actual time that a physical process occurs, known as real time. Real time is measured in milliseconds or microseconds.
DEFINITION of 'Unit Investment Trust-UIT'. An investment company that offers a fixed, unmanaged portfolio, generally of stocks and bonds, as redeemable units to investors for a specific period of time.It is designed to provide capital appreciation and/or dividend income.REAKING DOWN 'Unit Investment Trust-UIT'. Each unit typically costs $1,000 and is sold to investors by brokers. UITs can be resold in the secondary market. A UIT may be either a regulated investment corporation (RIC) or a grantor trust.