equipment trust certificate

noun

: an interest in an equipment trust on which payments are made out of rentals received from lease of the equipment

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Dictionary Entries Near equipment trust certificate

Cite this Entry

“Equipment trust certificate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/equipment%20trust%20certificate. Accessed 27 Dec. 2024.

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