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 on http://www.encyclo.co.uk/local/20047

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 on http://www.duke.edu/~charvey/Classes/wpg/bfglose.htm

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 on http://www.equitrend.com/glossary1122.xhtml

Equipment Trust Certificates

A limited partnership that receives income and tax benefits such as depreciation costs by purchasing
Found on http://www.encyclo.co.uk/local/22402
No exact match found