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Equipment Trust Certificate |
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Equipment 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.Similar MatchesVoting certificateVoting certificateCertificates issued by a voting trust to stockholders in exchange for their common stock, which represent all the rights of common stock except voting rights. Receivers certificateReceivers certificateA debt instrument issued by a receiver and serving as a lien on the property, which provides funding to continue operations or to protect assets in receivership. Certificates of Automobile Receivables (CAR)Certificates of Automobile Receivables (CAR)Pass-through securities backed by automobile loan receivables. 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. Certificates of Amortized Revolving Debt (CARD)Certificates of Amortized Revolving Debt (CARD)Pass-through securities backed by credit card receivables. Further SuggestionsProject loan certificate (PLC)Inspector’s or Judge’s Certificate Gold certificate Certificate of Origin Investment certificate Certificate of Accrual on Treasury Securities (CATS) Certificate of deposit (CD) jumbo certificate of deposit share certificate Certificate of deposit (CD) Participation Certificates Face amount certificate certificate of deduction of tax Negotiated certificate of deposit Guaranteed Mortgage Certificates (GMC) Strip mortgage participation certificate (strip PC) Canceled Certificates chargeable event certificate Eurodollar certificate of deposit Digital certificate Land registry certificate Stock certificate Term certificate Abstracters Certificate Voting trust certificate |
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