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Glossary   >   C   >   "Cancellation price" Definition            Cancellation price The lowest possible bid price of units in a unit trust under FSA regulations which is usually lower than the quoted bid price. The cancellation price may be applied in the event of heavy selling. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Cancellation price - The lowest possible bid price of units in a unit trust under FSA regulations which is usually lower than the quoted bid price. The cancellation price may be applied in the event of heavy selling.