Certificate Of Title

 

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Certificate of title

A written opinion on the status of a piece of property based on an examination of the public record.

Certificate Of Title

In areas where attorneys examine abstractor chains of title, a written opinion, executed by the examining attorney, stating that title is vested as stated in the abstract.



Certificate Of Title

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Participation certificates (PC)

Participation certificates (PC)

Used in the context of general equities. Investments representing an interest in a pool of funds or in other instruments, such as foreign securities, that allow participation in the rise or fall of a security or group of securities.


Eurodollar certificate of deposit

Eurodollar certificate of deposit

A certificate of deposit paying interest and principal in dollars, but issued by a bank outside the United States, usually in Europe.


Variable rate certificate

Variable rate certificate

A certificate of deposit whose interest rate varies and is dependent on an influence such as prime rate.


Chargeable event certificate

Chargeable event certificate

A certificate issued on the occurrence of a chargeable event. Details listed include the amount of the gain, number of years over which the gain has occurred, the date the transaction took place and that the certificate should be sent to the Tax Office to establish if a higher rate tax liability exists. Proceeds are free from basic rate tax liability.


Abstracters Certificate

Abstracters Certificate

A certificate contained in an abstract which shows the time period and scope of the search of public records done by the abstracter.


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