- certificate of trustee
- See certificate of indebtedness.
Ballentine's law dictionary. Anderson, W.S.. 1998.
certificate of trustee
Look at other dictionaries:
certificate of participation — 1. : a certificate issued by some forms of investment trust evidencing a proportionate equitable interest of the holder in securities held by the issuing concern 2. : a certificate of membership in a pension plan issued by the trustee who holds… … Useful english dictionary
certificate of indebtedness — An instrument issued by a building and loan association for borrowed money. 13 Am J2d B & L Assoc § 10: an obligation issued by a receiver, trustee, or debtor in possession, for money borrowed for the purpose of continuing the operation of the… … Ballentine's law dictionary
trust certificate — noun : a certificate issued and sold as one of a series by the trustee of designated trust property (as an investment trust, railroad equipment, or business trust) legally held evidencing a specified fractional equitable or beneficial interest in … Useful english dictionary
Equipment trust certificate — An equipment trust certificate (ETC) is a financial security used in aircraft finance, most commonly to take advantage of tax benefits in North America.Peter S. Morrell, Airline Finance (Ashgate, 1997), p. 153.] In a typical ETC transaction, a… … Wikipedia
equipment trust certificate — 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… … Black's law dictionary
equipment trust certificate — 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… … Black's law dictionary
land trust certificate — Instrument granting participation in benefits of ownership of property, while trustee retains title. See land trust … Black's law dictionary
land trust certificate — Instrument granting participation in benefits of ownership of property, while trustee retains title. See land trust … Black's law dictionary
Delaware statutory trust — Companies law Company … Wikipedia
trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
