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.

---

词条贡献者

资深译员Lorna，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与房地产投资信托有关的法律文件。