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Certificate of Accrual on Treasury Securities (CATS) |
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Certificate of Accrual on Treasury Securities (CATS)Refers to a zero-coupon US Treasury issue that is sold at a deep discount from the face value and pays no coupon interest during its lifetime, but returns the full face value at maturity.Certificate of Accrual on Treasury Securities (CATS) Similar MatchesShare certificateShare certificateA certificate denoting ownership of shares in a company. The current trend is away from paper certificates towards nominee accounts, in which the shares are registered in the name of a nominee company (usually a broker) but held beneficially for the investor client. The advantages of nominee registration is that settlement is quicker, easier and, supposedly, cheaper. In particular, the investor does not have to send in a paper share certificate every time he sells a share. Certificate of OriginCertificate of OriginA document certifying the country of origin for goods sold internationally. Certificate of deduction of taxCertificate of deduction of taxA certificate, issued by a building society or bank (in accordance with Section 352 of the Income and Corporation Taxes Act 1988) to its customers with interest bearing accounts, in which gross interest, tax deducted and net interest are depicted. Municipal improvement certificateMunicipal improvement certificateA certificate used to finance local government projects and services which is financed by a special tax assessment and provides tax-free interest . Equipment Trust CertificateEquipment Trust CertificateIn the US, a type of security, generally issued by a railroad, to pay for new equipment. Title to the equipment, such as a locomotive, is held by a trustee until the notes are paid off. An equipment trust certificate is usually secured by a first claim on the equipment. Further SuggestionsFace amount certificateReceivers certificate Gold certificate Voting trust certificate Inspector’s or Judge’s Certificate Certificate of title Certificate of deposit (CD) variable rate certificate Digital certificate Guaranteed Mortgage Certificates (GMC) Strip mortgage participation certificate (strip PC) Term certificate certificate of deposit Land certificate jumbo certificate of deposit Certificateless municipals Certificates of Amortized Revolving Debt (CARD) Voting certificate Equipment trust certificates Certificate Abstracters Certificate Stock certificate Jumbo certificate of deposit Certificate Of Title Canceled Certificates |
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