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Trust-preferred security
A security possessing characteristics of both equity and Debt issues. A company creates trust-preferred securities by creating a Trust and issuing Debt to the new entity. Because the Interest paid to the Trust is Tax-deductible , the company may realize significant tax Benefit .
Related Terms: 15
Benefit , Debt , Deductible , ECU , FICA , Interest , ITS , Paid , Real , SEC , Sue , Tax , Trust , Tax-deductible , UIT
Semi Related Terms: 652 CLICK HERE TO VIEW
10-Q ,
Asset/equity ratio ,
Accrual of discount ,
Accrued interest ,
After-tax basis ,
Agency security ,
Amortization of premium ,
Asset-backed security ,
At par ,
All or any part ,
At best ,
At call ,
Average equity ,
Accumulated earnings tax ,
Adjustable rate preferred stock ,
Accelerated benefits ,
Accidental death benefit ,
At risk ,
Abstract of title ,
Action to quiet title ,
As is ,
Assignment to creditors ,
Attorney in fact ,
Assignment of mortgage ,
A shares ,
At the money ,
After-tax contributions ,
Across the board ,
Additional paid-in capital ,
Abusive tax shelter ,
After-tax ,
Alternative Minimum Tax ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Automated Pricing and Reporting System ,
Away from the market ,
Below the line ,
Books of final entry ,
Books of original entry ,
Bank holding company ,
Banking Act of 1933 ,
Bank Trust Department ,
Bank-eligible issues ,
Benchmark interest rate ,
Bid-to-cover ratio ,
Book-entry security ,
Bureau of Public Debt ,
Brought over the wall ,
Buy the book ,
Balance of payments ,
Base interest rate ,
Board of Governors ,
Benefit ,
Breaking the syndicate ,
Bill of exchange ,
Bill of sale ,
Breach of trust ,
By the book ,
B shares ,
Buy and write ,
Benefit offset ,
Benefits administration ,
Before-tax income ,
Break-even tax rate ,
Breadth-of-market theory ,
Beat the gun ,
Capitalized interest ,
Cost Of Goods Sold ,
Cost of sales ,
Current debt ,
Compound interest ,
Cabinet security ,
Certificate of Participation ,
Collateral trust certificate ,
Committee on Uniform Securities Identification Procedures ,
Convertible debt ,
Convertible security ,
Corporate trust ,
Current issue ,
Code of procedure ,
Cumulative preferred ,
Capitalization of income ,
Cost of Living Adjustment ,
Cost-of-living index ,
Council of Economic Advisers ,
Cash and carry trade ,
Chasing the market ,
Cheapest to deliver ,
Chicago Board of Trade ,
Commodities Exchange Act ,
Cost-of-living rider ,
Certificate of stock ,
Cost of carry ,
Certificate of title ,
Cancellation of debt ,
Certificate of Claim ,
Character loan ,
Consumer debt ,
Consumer interest ,
Cost of debt capital ,
Cost of funds ,
Controlled company ,
Closed-end investment company ,
Collective trust ,
C shares ,
Class of options ,
Close to the money ,
Certificate of Occupancy ,
Class A Shares ,
Class B Shares ,
Crash of 1929 ,
Crash of 1987 ,
Capital gains tax ,
Child and dependent care credit ,
Consolidated tax return ,
Coefficient of determination ,
Cup and handle ,
Certificate of delivery ,
Close a position ,
Cornering the market ,
Curbs in ,
Debt service coverage ,
Deferred tax ,
Deposit in transit ,
Date of issue ,
Date of payment ,
Debt ,
Debt capital ,
Debt-equity swap ,
Debt financing ,
Debt limit ,
Debt market ,
Debt shelf ,
Deferred interest bond ,
Digested security ,
Drawn securities ,
Droplock security ,
Division of Enforcement ,
Division of Investment Management ,
Division of Market Regulation ,
Date of record ,
Dividend in arrears ,
Desk (the) ,
Division of labor ,
Derivative security ,
Death benefit ,
Deductible ,
De-escalation clause ,
De facto ,
Discretionary trust ,
Durable Power of Attorney ,
Date of maturity ,
Debt consolidation ,
Debtor in possession ,
Debtor-in-possession financing ,
Debt retirement ,
Debt service ,
Deed of Release ,
Deed of Trust ,
Discharge of bankruptcy ,
Discharge of lien ,
Deep in the money ,
Deep out of the money ,
Deed of Surrender ,
Department of Housing and Urban Development ,
Defined benefit plan ,
Distressed security ,
Dogs of the Dow ,
Depth of market ,
Effective debt ,
Effective annual interest rate ,
Eurodollar certificate of deposit ,
Exact interest ,
Equity-linked note ,
Equity risk premium ,
Escrowed to maturity ,
Euroequity issues ,
Exchangeable security ,
Exempt security ,
ECU ,
Edge Act ,
E-mini ,
Exchange of spot ,
Equity funding ,
Effective tax rate ,
Equity option ,
Equity kicker ,
Equity mortgage ,
Explicit interest ,
Equity fund ,
Equity REIT ,
Estate tax ,
Earned benefit ,
Employee Retirement Income Security Act of 1974 ,
Equity capital ,
Equity financing ,
Equity swap ,
Earned income tax credit ,
Estimated tax ,
Excess profits tax ,
Excise tax ,
First In First Out ,
Form 10-Q ,
Federal Savings and Loan Association ,
Flight to quality ,
Flow of funds ,
Front-ending an order ,
Forward P/E ,
Factors of production ,
Favorable balance of trade ,
Foreign Debt ,
Fixed benefits ,
First preferred stock ,
Form S-1 ,
Floating security ,
Friends and family offering ,
Fully distributed issue ,
Fair Credit Reporting Act ,
Fair Debt Collection Practices Act ,
Finance company ,
Forward interest rate ,
Full faith and credit ,
Funded debt ,
Family of funds ,
Fund of funds ,
Free and clear ,
Federal Insurance Contributions Act ,
FICA ,
Flexible benefit plan ,
Fixed investment trust ,
Free right of exchange ,
Federal ID Number ,
Federal Tax Identification Number ,
Federal tax lien ,
Flat tax ,
Franchise tax ,
Government securities ,
Government Securities Clearing Corporation ,
Graduated security ,
General Securities Representative Examination ,
Glass-Steagall Act ,
G-7 ,
General Agreement on Tariffs and Trade ,
Gross National Debt ,
G-8 ,
Growing equity mortgage ,
Growth and income fund ,
Ginnie Mae trust ,
Gather in the stops ,
Gift tax ,
Hart-Scott-Rodino Act of 1976 ,
Hit the bid ,
House of issue ,
Health Insurance Portability and Accountability Act ,
Holding company ,
Hot issue ,
Holder in due course ,
Home equity ,
Home Equity Conversion Mortgage ,
Home equity debt ,
Home equity line of credit ,
Home equity loan ,
Home Mortgage Disclosure Act ,
Hidden tax ,
Head and shoulders ,
Hammering the market ,
Held at the opening ,
Holding the market ,
Interest-bearing ,
In escrow ,
Inflation-indexed security ,
Interest rate collar ,
Interest rate risk ,
Interest rate swap ,
International Securities Identification Number ,
Investment security ,
Issue date ,
In-house ,
Investment Advisor Act of 1940 ,
Investment Company Act of 1940 ,
In line ,
Interest rate futures ,
Individual policy pension trust ,
Insurable interest ,
Insider Trading sanctions Act of 1984 ,
Interest ,
Interest expense ,
Internal Rate of Return ,
Indication of interest ,
In intestacy ,
Inter vivos trust ,
Imputed interest ,
Interest deduction ,
Interest-only loan ,
Interest rate ,
Interest rate cap ,
Interest rate ceiling ,
Interest rate floor ,
In play ,
In-process research and development ,
Investment company ,
Investment trust ,
Interest rate option ,
I/O strip ,
Inchoate interest ,
Inheritance tax ,
Interest-only strip ,
Incidental benefit ,
In-service withdrawal ,
Individual tax return ,
Imbalance of orders ,
In and out ,
In sympathy ,
In the tank ,
ITS ,
Jointly and severally ,
Jumping the gun ,
Joint and several liability ,
Junior debt ,
Joint and survivor annuity ,
Joint Stock Company ,
Junior equity ,
Joint tax return ,
Last In First Out ,
Lender of last resort ,
Law of one price ,
Letter security ,
Lending at a rate ,
Law of demand ,
Law of supply ,
London International Financial Futures and Options Exchange ,
Limited company ,
London Inter-Bank Offer Rate ,
Living benefits ,
Long-term debt ,
Long-Term Equity Anticipation Securities ,
Letter of comment ,
Legal entity ,
Living trust ,
Line of credit ,
Loan-to-cost ,
Loan-to-value ,
Lock-in ,
Leading the market ,
Limited Liability Company ,
Locked in ,
Luxury tax ,
Level I quotes ,
Mutual company ,
Marketable security ,
Mezzanine debt ,
Mortgage-backed security ,
Mortgage pass-through security ,
Municipal investment trust ,
Make a market ,
Market if touched order ,
Mark-to-market ,
May Day ,
Medium of exchange ,
Marginal propensity to consume ,
Monetizing debt ,
Money at call ,
Mortgage debt ,
Mortgage interest deduction ,
Management company ,
Marketable securities ,
Net interest margin ,
Negotiable certificate of deposit ,
Negotiable Order of Withdrawal ,
Negotiable security ,
New York Stock Exchange ,
Non-interest-bearing note ,
Notice of Sale ,
National Association of Securities Dealers ,
National Association of Securities Dealers Automated Quotations system ,
National Securities Clearing Corporation ,
National Securities Trade Association ,
Non-cumulative preferred ,
National Debt ,
New York Futures Exchange ,
Non-equity option ,
New issue ,
Nondiscretionary trust ,
Null and void ,
Negative equity ,
Nonrecourse debt ,
Notice of Default ,
Non-resident alien tax ,
National Association of Real Estate Investment Trusts ,
Nonforfeitable benefit ,
New high ,
Off the books ,
Office of Thrift Supervision ,
Ordinary interest ,
Original Issue Discount ,
Out-of-favor ,
Over-the-Counter ,
Open interest ,
Offshore company ,
Original issue stock ,
Opinion of title ,
On-the-spot loan ,
Open-end management company ,
Out of the money ,
Old age, survivors, and disability insurance ,
Overlapping debt ,
On the opening ,
Open trade equity ,
Pooling of interests ,
Pre-depreciation profit ,
Pre-tax profit margin ,
Profit and loss statement ,
Payment-in-kind security ,
Preferred debt ,
Price Value of a Basis Point ,
Public Securities Association ,
Participating preferred ,
Preferred shares ,
Preferred stock ,
Prior preferred stock ,
P&L ,
Private debt ,
Pre-existing conditions ,
Preferred Provider Organization ,
Public company ,
Power of Attorney ,
Paid ,
Paid up ,
Personal interest ,
Prepaid interest ,
Prioritization of debt ,
Property tax ,
Pension benefit ,
Pension Benefit Guaranty Corporation ,
Prudent Expert Act ,
Paid-in capital ,
Paid-in surplus ,
Participating trust ,
Percent held by institutions ,
Pre-syndicate bid ,
Private company ,
Private Investment in Public Equity ,
Public equity ,
Preservation of capital ,
Progressive tax ,
Proportional tax ,
Point-and-figure chart ,
Painting the tape ,
Private equity ,
Qualified trust ,
Real asset ,
Reports and Records ,
Return of capital ,
Real interest rate ,
Regulation Q ,
Real Estate Mortgage Investment Conduit ,
Registered security ,
Residual security ,
Restricted security ,
Reading the tape ,
Real-time trade reporting ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Round of funding ,
Rules of Fair Practice ,
Rate of exchange ,
Real ,
Reciprocal of European terms ,
Regulated investment company ,
Real economic growth rate ,
Reduced paid-up insurance ,
Red herring ,
Registered Company ,
Regulation A ,
Revisionary trust ,
Revocable trust ,
Right of first refusal ,
Right of rescission ,
Right to Know ,
Real estate owned ,
Regulation Z ,
Revolving line of credit ,
Right of recourse ,
Rule of 78 ,
Real estate ,
Real estate agent ,
Real estate broker ,
Right of redemption ,
Retirement Equity Act of 1984 ,
Regressive tax ,
Rate of return ,
Real rate of return ,
Real-time ,
SEC filing ,
Selling, General and Administrative Expenses ,
SG&A ,
Savings and Loan ,
Sight letter of credit ,
Simple interest ,
S&L ,
SEC ,
Securities and Exchange Commission ,
Sovereign debt ,
Stamped security ,
SEC fee ,
Securities analyst ,
Securities Industry Association ,
Securities Investor Protection Corporation ,
Securities loan ,
Segregation of securities ,
Sell the book ,
Significant order ,
Second preferred stock ,
Standard of living ,
Second-to-die insurance ,
Stock life insurance company ,
Survivor benefit ,
Short interest ,
Short interest ratio ,
Statute of Limitations ,
Sue ,
Sale and leaseback ,
Satisfaction of debt ,
Securities lending ,
Security interest ,
Security loan ,
Senior debt ,
Senior security ,
Subordinated debt ,
Staggered board of directors ,
Selling the spread ,
Special use property ,
Social Security ,
Social Security Tax ,
Security analysis ,
Selling short against the box ,
Shorting against the box ,
Sales tax ,
S Corporation ,
Self-employment tax ,
Separate tax returns ,
Sin tax ,
Subchapter M ,
Subchapter S Corporation ,
Schedule C ,
Securities Act of 1933 ,
Securities Acts Amendments of 1975 ,
Securities Exchange Act of 1934 ,
Securities fraud ,
Seek a market ,
S&P phenomenon ,
Stop and reverse ,
Times interest earned ,
Tax anticipation note ,
Tax-exempt bond ,
Tax renevue anticipation note ,
T-Bill ,
Term to maturity ,
Treasury Inflation-Protected Security ,
Trust-preferred security ,
Take a position ,
Trailing P/E ,
Tax haven ,
Tax ,
Tax schedule ,
Tenancy by the entirety ,
Testamentary trust ,
Trust ,
Trust company ,
Trust fund ,
Truth in Lending ,
Tax-free bond fund ,
Tax-managed fund ,
Term trust ,
Tax lien ,
Tax roll ,
Tenancy at will ,
Title company ,
Transfer tax ,
Tax deferral ,
Tax-deferred ,
The Street ,
Timing the market ,
Tax-advantaged ,
Tax audit ,
Tax base ,
Tax basis ,
Tax bracket ,
Tax-deductible ,
Tax deduction ,
Tax-efficient ,
Tax evasion ,
Tax-exempt ,
Tax identification number ,
Tax loss carryback ,
Tax loss carryforward ,
Tax lot ,
Taxpayer Relief Act of 1997 ,
Tax planning ,
Tax preference item ,
Tax Reform Act of 1986 ,
Tax Reform Act of 1993 ,
Tax return ,
Tax sale ,
Tax shelter ,
Tax shield ,
Tax swap ,
Tax tables ,
Take a bath ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Underlying debt ,
Unlimited tax bond ,
Unseasoned issue ,
Uniform Securities Act ,
Underlying security ,
Unearned interest ,
UIT ,
Unit Investment Trust ,
Unit Trust ,
Unified Tax Credit ,
Unit of trade ,
Unit of trading ,
Voting trust ,
Value Added Tax ,
With interest ,
Williams Act ,
Waiver of premium ,
Widow-and-orphan stock ,
W-2 Form ,
W formation ,
When, as, and if issued ,
Wilshire 5000 Equity Index ,
X or XD ,
Year-To-Date ,
Yield to call ,
Yield to maturity ,
Yield to worst ,
Y shares ,
Z shares