Collateral trust bonds

A bond in which the issuer (often a holding company) grants investors a lien on stocks, notes, bonds, or other financial asset as security. Compare mortgage bond. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • collateral trust bonds — A type of corporate bond that employs a trustee to hold collateral, other than equipment or real estate, for the bond holders. For example, a parent corporation may borrow funds through a bond issue and pledge the stock in one of its subsidiaries …   Financial and business terms

  • Collateral Trust Bond — A bond that is secured by a financial asset such as stock or other bonds that is deposited and held by a trustee for the holders of the bond. If the issuing company were to default on the debt obligation, the debt holders would receive the… …   Investment dictionary

  • collateral — /kalaetsral/ Property which is pledged as security for the satisfaction of a debt. Collateral is additional security for performance of principal obligation, or that which is by the side, and not in direct line. Shaffer v. Davidson, Wyo., 445… …   Black's law dictionary

  • trust — trustable, adj. trustability, n. truster, n. /trust/, n. 1. reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. 2. confident expectation of something; hope. 3. confidence in the certainty of future… …   Universalium

  • Collateral management — Collateral has been used for hundreds of years to provide security against the possibility of payment default by the opposing party in a trade. Collateral management began in the 1980s, with Bankers Trust and Salomon Brothers taking collateral… …   Wikipedia

  • Trust Certificate — A bond or debt investment, usually in a public corporation, that is backed by other assets which serve a purpose similar to collateral. If the company experiences difficulty making payments, the assets may be seized or sold to help specific trust …   Investment dictionary

  • Income trust — An income trust is an investment trust that holds income producing assets. The term also designates a legal entity, capital structure and ownership vehicle for certain assets or businesses. Its shares or trust units are traded on securities… …   Wikipedia

  • equipment trust certificates — A common type of secured corporate bond. For these bonds, a collateral interest in equipment or machinery provides extra protection for bond holders. In most cases, the equipment that is pledged to secure the bonds is equipment or machinery that… …   Financial and business terms

  • ОБЛИГАЦИИ С ОБЕСПЕЧЕНИЕМ ЦЕННЫМИ БУМАГАМИ ДОЧЕРНИХ КОМПАНИЙ — COLLATERAL TRUST BONDSОблигации, обеспеченные не реальным имуществом, а депонированием ценных бумаг (облигаций и иногда акций), хранящихся на условиях траста. Материнская компания, владеющая облигациями или акциями своих дочерних компаний, может… …   Энциклопедия банковского дела и финансов

  • Bond — ist in den Vereinigten Staaten von Amerika die Bezeichnung für die Schuldverschreibung einer Eisenbahn, die in der Regel gegen Verpfändung ihr gehörigen Eigentums oder ihr zustehender Rechte ausgegeben werden. Der Begriff des B. entspricht im… …   Enzyklopädie des Eisenbahnwesens

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