Equipment Trust Certificates

Business / Finance / Equipment Trust Certificates: A limited partnership that receives income and tax benefits such as depreciation costs by purchasing equipment and leasing it to other parties.

Other Words for Equipment

Equipment Verb Synonyms: gear, apparatus, furnishings, accoutrements, appurtenances, paraphernalia, kit, materiel, tackle, outfit, trappings, tack, equipage, clobber
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Other Words for Trust

Trust Noun Synonyms: confidence, reliance, faith, conviction, certitude, certainty, sureness, positiveness, assurance, belief
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Resolution Trust Corporation (RTC)

Business / Finance / Resolution Trust Corporation (RTC): A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or mer MORE

Resolution Trust Corporation

Business / Real Estate / Resolution Trust Corporation: The organization created by FIRREA to liquidate the assets of failed savings and loan associations. MORE

Real Estate Investment Trust (REIT)

Business / Finance / Real Estate Investment Trust (REIT): REITs invest in real estate or loans secured by real estate and issue shares in such investments. A REIT is similar to a closed-end mutual fund. MORE

Qualified Plan Or Trust

Business / Finance / Qualified Plan Or Trust: A tax-deferred plan allowing employer and employee contributions that build up savings, which are paid out at retirement or on termination of employment. Tax is paid only when amounts are drawn from t MORE

Revisionary Trust

Business / Finance / Revisionary Trust: An irrevocable trust that becomes a revocable trust after a certain amount of time. MORE

Revocable Trust

Business / Finance / Revocable Trust: A trust that may altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death. Since the arrangement can be altered at an MORE

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