equipment trust bond

A bond secured by tangible property, such as an airplane.

• A trustee usu. holds title to the equipment, which is leased to the issuer.

— Also termed equipment trust certificate.

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词条贡献者

译员Joanne，亚洲顶尖法学院国际贸易专业，擅长翻译涉及媒体、体育和娱乐领域的法律文件。