Collateral trust certificate

A corporate bond backed by other securities, usually a parent corporation borrowing against securities of ITS subsidiaries.

Related Terms: 6 Borrow, ECU, ITS, Ratio, Rent, SEC

Other Related Pages: Category: Bonds Starting With: C

Additional Related Terms: 10-K, Asset/equity ratio, Adjustable rate, Above par, Accrual bond, Accrual of discount, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium