Home > Term: Equipment trust certificate
Equipment trust certificate
Bonds which are secured by a lien on the equipment. Railroads and airlines are usually the issuers.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
0
Creator
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
