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Canceled Certificates
The financial definition for
Canceled Certificates
:
Before the issuance of a new certificate, the old certificate is presented to the Transfer Agent and is canceled.
Similar Matches
Certificates of Amortized Revolving Debt (CARD)
Certificates of Amortized Revolving Debt (CARD)
Pass-through securities backed by credit card receivables.
Certificates of Automobile Receivables (CAR)
Certificates of Automobile Receivables (CAR)
Pass-through securities backed by automobile loan receivables.
Equipment trust certificates
Equipment trust certificates
Certificates issued by a trust that is formed to purchase an asset and lease it to a lessee. When the last of the certificates has been repaid, title and ownership of the asset transfers to the lessee.
Further Suggestions
Guaranteed Mortgage Certificates (GMC)
Negotiable certificates of deposit
Participation certificates (PC)
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Canceled Certificates
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