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Certificates of Amortized Revolving Debt (CARD) |
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Certificates of Amortized Revolving Debt (CARD)Pass-through securities backed by credit card receivables.Certificates of Amortized Revolving Debt (CARD) Similar MatchesCertificates of Automobile Receivables (CAR)Certificates of Automobile Receivables (CAR)Pass-through securities backed by automobile loan receivables. 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. Equipment trust certificatesEquipment trust certificatesCertificates 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. Participation CertificatesParticipation CertificatesMortgage securities, rather than mortgages. The advantage of the certificate is that it is readily marketable or pledgeable. Negotiable certificates of depositNegotiable certificates of depositLarge-denomination bank certificates of deposit that can be traded. Further SuggestionsGuaranteed Mortgage Certificates (GMC)Canceled Certificates |
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