Meaning EQUIPMENT TRUST CERTIFICATES: Certificates issued by a trust that is formed to purchase an asset and lease it to a lessee. When the last of the certificates has been repaid, title and ownership of the asset transfers to the lessee
More terms such as Equipment trust certificates in Dictionary E.
- Definition Energy Mutual Fund:
- Examples Mutual fund investing in energy stocks only, e.g., oil and gas companies equipment trust certificates definition.
- Definition Equalizing Dividend:
- Examples Special dividends received by investors of a firm for income the investor lost because the firm altered the dividends payment schedule equipment trust certificates explain.
- Definition Eleven Bond Index:
- Examples the average yield of 11 municipal bonds that mature in 20 years and carry an average AA rating. The eleven bonds used to calculate the index are also found in the 20 bond index, which serves as a equipment trust certificates what is.
- Definition Eurodollar Certificate Of Deposit:
- Examples A certificate of deposit paying interest and principal in dollars, but issued by a bank outside the United States, usually in Europe equipment trust certificates meaning.
- Definition Elect:
- Examples The conversion of a conditional order into a market order equipment trust certificates abbreviation.
