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franked investment income
(redirected from Franked Income)

   Also found in: Financial 0.01 sec.
franked investment income
n
(Economics, Accounting & Finance / Banking & Finance) (formerly) dividends from one UK company received by another on which the paying company had paid corporation tax so that the receiving company had no corporation tax to pay: discontinued from 1999


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A stark example of this loss of franked income came towards the end of the period.
Gresham Partners is manager of the Australian Stock Exchange listed unit trust, The Franked Income Fund, with total assets in excess of A$800 million.
 
 
 
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