|Equipment trust certificates|
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Definition of Equipment trust certificates
Equipment trust certificates
certificates issued by a trust that was formed to purchase an asset and lease it
Conditional sales contracts
Similar to equipment trust certificates except that the lender is either the
Collateral trust bonds
A bond in which the issuer (often a holding company) grants investors a lien on
Deed of trust
Depository Trust Company (DTC)
DTC is a user-owned securities depository which accepts deposits of
GMCs (guaranteed mortgage certificates)
First issued by Freddie Mac in 1975, GMCs, like PCs, represent
A mechanism of issuing MBS wherein the mortgages' collateral is deposited with a trustee
A closed-end fund regulated by the Investment Company Act of 1940. These funds have a
An interest in an asset held by a trustee for the benefit of another person.
REIT (real estate investment trust)
Real estate investment trust, which is similar to a closed-end mutual
A closed-end fund that has a fixed termination or maturity date.
Agreement between trustee and borrower setting out terms of bond.
Receipt for goods that are to be held in trust for the lender.
Unit investment trust
Money invested in a portfolio whose composition is fixed for the life of the fund.
PROPERTY AND EQUIPMENT
Assets such as land, buildings, machinery, and equipment that the business will use for several
The cost of equipment owned by the company.
property, plant, and equipment
This label is generally used in financial
Property, plant, and equipment
This item is comprised of all types of fixed assets
Plant and Equipment
Buildings and machines that firms use to produce output.
Organization usually combined with a commercial bank, which is engaged as a trustee for individuals or businesses in the administration of trust funds, estates, custodial arrangements, stock transfer and registration, and other related services.
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