TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

mutual fund corporation [1 record]

Record 1 1996-03-07

English

Subject field(s)
  • Investment
  • Taxation
DEF

... a body corporate whose activities are limited to the investing of the funds of the body corporate, and includes a body corporate that is an issuer of securities that entitle the holder to receive, on demand, or within a specified period after demand, an amount computed by reference to the value of a proportionate interest in the whole or in a part of the net assets, including a separate fund or trust account, of the issuer of the securities. [Bank Act]

OBS

Source: Income Tax Act s.131.

French

Domaine(s)
  • Investissements et placements
  • Fiscalité
DEF

La personne morale dont l'activité se limite au placement de ses fonds. Est assimilée à une société de fonds mutuel la personne morale qui émet des titres autorisant leurs détenteurs à recevoir, sur demande ou dans le délai spécifié après la demande, un montant calculé sur la base d'un droit proportionnel à tout ou partie des capitaux propres de l'émetteur, y compris tout fonds distinct ou compte en fiducie. [Loi sur les banques]

OBS

«Société de placement à capital variable» est le terme utilisé dans la Loi de l'impôt sur le revenu, article 131.

Spanish

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