摘要:An estate planning tool used to freeze certain assets of an individual for estate tax purposes, but not for income tax purposes. The intentionally defective trust is created as a grantor trust with a [阅读全文]

摘要:A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.

|||Underwriters don't like flippers. DCTT att[阅读全文]

摘要:One of the world's largest securities depositories, it holds in excess of US$10 trillion worth of securities in custody. The DTC acts like a clearinghouse to settle trades in corporate and municipal [阅读全文]

摘要:Established in 1999, the DTCC is a holding company consisting of 5 clearing corporations and 1 depository, making it the world's largest financial services corporation dealing in post trade transacti[阅读全文]

摘要:

Notice of the release merchandise to a buyer from a bank, with the bank retaining the ownership title to the released assets. In an arrangement involving a[阅读全文] 

		

摘要:

A security similar to debentures and preferreds that is generally longer term, has early redemption features, makes quarterly fixed interest payments, and [阅读全文] 

		

摘要:

An agreement in the bond contract made between a bond issuer and a trustee that represents the bondholder's interests by highlighting the rules and respon[阅读全文] 

		

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A law passed in 1939 that prohibits bond issues valued at over $5 million from being offered for sale without a formal written agreement (an indenture), si[阅读全文] 

		

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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 expe[阅读全文] 

		

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A type of unit investment trust (UIT) that invests solely in municipal securities. Municipal investment trusts allow individuals to invest in a diversified[阅读全文] 

		

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A debt instrument that allows a company to take possession of an asset and pay for it over time. The debt issue is secured by the equipment or physical ass[阅读全文] 

		

摘要:

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. 

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A legal trust created to combine the voting power of shareholders. With the establishment of the voting trust, the shareholders' legal title (their stock) and voting rights are transf[阅读全文]

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A contractual agreement detailing the specifics of the voting trust, including the name of its trustee, the effective timeframe, and the nature of its formation.


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A registered trust in which investors purchase units from a fixed portfolio of equities, which are chosen and managed by a professional money manager. Securities in the trust remain th[阅读全文]

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A trust fund established by an employer on behalf of its empoyees, in which the company is the grantor and its employees are the beneficiaries. The person responsible for managing the [阅读全文]

摘要:

A program that facilitates the acquisition and distribution of a company's shares to its employees.




Taobiz explains Employee Share Ownership Tr[阅读全文]