HomeDefinitionsCompareDebt Certificates of Amortized Revolving Debt (CARD)The financial definition for Certificates of Amortized Revolving Debt (CARD):Pass-through securities backed by credit card receivables. Similar MatchesCanceled CertificatesCanceled CertificatesBefore the issuance of a new certificate, the old certificate is presented to the Transfer Agent and is canceled. Certificates of Automobile Receivables (CAR)Certificates of Automobile Receivables (CAR)Pass-through securities backed by automobile loan receivables. Equipment trust certificatesEquipment trust certificatesCertificates 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 SuggestionsGuaranteed Mortgage Certificates (GMC)Negotiable certificates of deposit Participation certificates (PC) Click to compare definitions of Certificates of Amortized Revolving Debt (CARD) Click to view definitions beginning ce |