equipment certificate

  • 1equipment — equip·ment n: the implements used in an operation or activity; specif in the Uniform Commercial Code: goods that are bought for or used in a business enterprise or by a debtor which is a nonprofit organization or a government agency and that are… …

    Law dictionary

  • 2equipment trust certificate — A type of security, generally issued by a railroad, to pay for new equipment. Title to the equipment, such as a locomotive, is held by a trustee until the notes are paid off. An equipment trust certificate is usually secured by a first claim on… …

    Black's law dictionary

  • 3equipment trust certificate — A type of security, generally issued by a railroad, to pay for new equipment. Title to the equipment, such as a locomotive, is held by a trustee until the notes are paid off. An equipment trust certificate is usually secured by a first claim on… …

    Black's law dictionary

  • 4Equipment trust certificate — An equipment trust certificate (ETC) is a financial security used in aircraft finance, most commonly to take advantage of tax benefits in North America.Peter S. Morrell, Airline Finance (Ashgate, 1997), p. 153.] In a typical ETC transaction, a… …

    Wikipedia

  • 5Certificate of medical necessity — Generally, a Certificate of Medical Necessity is a piece of paper required by Centers for Medicare and Medicaid Services to substantiate the medical necessity of an item of durable medical equipment furnished to a Medicare beneficiary. It is… …

    Wikipedia

  • 6equipment trust certificate — In the USA, a document setting out the details of a loan used to fund the purchase of equipment. The holder of the certificate has a secured interest in the asset in the event of a corporate default …

    Accounting dictionary

  • 7equipment trust certificate — In the USA, a document setting out the details of a loan used to fund the purchase of equipment. The holder of the certificate has a secured interest in the asset in the event of a corporate default …

    Big dictionary of business and management

  • 8Equipment Trust Certificate — A debt instrument that allows a company to take possession of an asset and pay for it over time. The debt issue is secured by the equipment or physical assets, as the title for the equipment is held in trust for the holders of the issue. When the …

    Investment dictionary

  • 9equipment trust certificate — noun : an interest in an equipment trust on which payments are made out of rentals received from lease of the equipment …

    Useful english dictionary

  • 10equipment obligation — noun : a bond, certificate, or share serving as a direct lien on a specific lot of railroad rolling stock …

    Useful english dictionary