American Corporate Accrual Receipts

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American Corporate Accrual Receipts

Also called ACARS, a corporate bond whose coupons have been separated from the principal. ACARS therefore pay no interest. They are sold at a significant discount from par and mature at par. ACARS fluctuate in price, sometimes dramatically, because changes in interest rates make them more or less desirable. See also: zero-coupon bond, STRIPS.
References in periodicals archive ?
Authorities have pointed to the shutdown of the transponders and the ACARS as evidence that someone with a detailed knowledge of the plane was involved.
This will allow more aircraft to use satellite ACARS for air traffic control communications enabling denser airspace operations over oceans while maintaining safety.
Even though the ACARS system was disabled on Flight 370, it continued to emit faint hourly pulses that were recorded by a satellite.
If the flight were hijacked or a target of terrorism, cutting off ACARS would be a strategic move because the system reports to satellites anything being done to the aircraft," said Mr Quest.
As part of the airline's Year 2000 Project, Continental Airlines is in the process of ground testing the ACARS system on other aircraft in a computer simulated Year 2000 environment.
The NxtLink ICS-220A device is a comprehensive communications system that provides the Flight Crew with a dedicated Datalink channel to support; ACARS, FANs messaging, CPDLC and an exclusive global voice channel.
Our Wi-Fi over ACARS solution allows airlines to capitalize on their existing equipment to conduct live credit card authorizations without the need to invest heavily in expensive connectivity equipment, said Heament John Kurian, managing director, IMS Asia Pacific for Rockwell Collins.
Gol is installing ACARS linked to the Iridium satellite network.
The entire ACARS package will elevate our safety in the most positive way," said ACA's Senior Vice President of Operations and Maintenance Tom Moore.
The certification is being undertaken to allow voice and ACARS operations beyond land-based VHF coverage.
Air / Ground Communications Service Provider (ACSP), which ensures data transfer for applications CPDLC and ACARS on board aircraft connected to the network SITA.
AviIT reached agreement with Etihad Airways to support all ACARS services across the carrier's fleet.