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Definition of Grantor trust
A mechanism of issuing MBS wherein the mortgages' collateral is deposited with a trustee
A bond in which the issuer (often a holding company) grants investors a lien on
DTC is a user-owned securities depository which accepts deposits of
Certificates issued by a trust that was formed to purchase an asset and lease it
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.
Real estate investment trust, which is similar to a closed-end mutual
A closed-end fund that has a fixed termination or maturity date.
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.
Agreement between trustee and borrower setting out terms of bond.
Receipt for goods that are to be held in trust for the lender.
Money invested in a portfolio whose composition is fixed for the life of the fund.
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