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Equipment trust certificates
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Equipment trust certificates
Certificates issued by a trust that was formed to purchase an asset and lease it to a lessee. When the last of the certificates has been repaid, title of ownership of the asset reverts to the lessee. Found op http://www.nytimes.com/library/financial/glossary/bfglose.htm
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Equipment trust certificates
Certificates 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. Found op http://www.duke.edu/~charvey/Classes/wpg/bfglose.htm
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Equipment Trust Certificates
Certificates issued by a trust that purchases an asset in order to lease it to a lessee. After the certificate has been repaid, the asset is owned by the lessee. Discover What It`s Like to Live Easy With EquiTrend Found op http://www.equitrend.com/glossary1122.xhtml
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