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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 MatchesCertificateless municipalsCertificateless municipalsMunicipal bonds with one certificate which is valid for the entire issue, and having no individual certificates, easing transactions. See: Book-entry securities. Jumbo certificate of depositJumbo certificate of depositA certificate of deposit in increments of $100,000. 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. Strip mortgage participation certificate (strip PC)Strip mortgage participation certificate (strip PC)Ownership interests in specified mortgages purchased by Freddie Mac from a single seller in exchange for separate instruments representing interests in the same mortgages. Certificate of depositCertificate of depositA certificate, issued by a bank to a depositor, indicating a sum of money has been deposited for a specified term and on which interest is paid. Further SuggestionsTerm certificateNegotiated certificate of deposit Certificate Certificate of Origin Face amount certificate Participation Certificates chargeable event certificate Voting trust certificate Certificate Of Title Certificates of Amortized Revolving Debt (CARD) Voting certificate Equipment Trust Certificate Equipment trust certificates Stock certificate Charge certificate Municipal improvement certificate Investment certificate Negotiable certificates of deposit Certificate of title share certificate certificate of deduction of tax Security certificate Land certificate Digital certificate Abstracters Certificate |
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