Search results
Results from the WOW.Com Content Network
An equipment trust certificate (ETC) is a financial security used in aircraft finance, most commonly to take advantage of tax benefits in North America. [1] Details
An equipment trust certificate is a specific case. In creating such a pass-through structure, the underlying assets are "bundled" into a pass-through security [ 2 ] (also known as a "pay-through security"), where the principal and interest payments are "passed through" to certificate holders.
A trust of investors purchases the aircraft and then "leases" it to the operator, on condition that the airline will receive title upon full performance of the lease. ETCs blur the line between finance leasing and secured lending, and in their most recent forms have begun to resemble securitization arrangements.
The Trust Indenture Act was subsequently passed and signed into law in August 1939. Its legislative history shows that that Congress intended to address deficiencies prevalent in trust indentures at the time: [3] the failure of indentures to require evidence of an obligor’s performance thereunder, the lack of disclosure and reporting ...
Equipment loans often have a higher payment than an equipment lease but allow you to own the asset outright at the end of the loan term For many business owners, buying equipment is an important ...
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans, or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt ...
The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. $10,000 buys 1136 shares, which pay $1.44 per year or $0.12 monthly.
The playground equipment was removed in the 1980s. In 2008, the park was renovated with landscaping, benches and other improvements, including "Quark," an 80-foot-tall, blue-painted steel piece by ...