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See: Participation certificates

Participation Certificate

1. An alternative to a government or municipal bond in which an investor buys a share in the improvements or infrastructure the government entity intends to fund. This contrasts with a bond, in which the investor loans the government or municipality money in order to make these improvements. This is used primarily when the government or municipality has a charter-mandated debt ceiling. In the United States the only entities issuing or guaranteeing participation certificates are Freddie Mac, Fannie Mae, Ginnie Mae, and Sallie Mae.

2. See: International Depository Receipt (IDR).

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Buyback Cash Dividend COP Equivalent Taxable Yield Form 1120-PC Form 1120-PC (Schedule M-3) Form 1120-RIC Guaranteed Mortgage Certificates Guarantor program Inst 1120-PC Inst 1120-PC (Schedule M-3) Joint Account Lump-Sum Distribution marginal tax rate mechanics' and materialmen's liens Participation Certificates Strip mortgage participation certificate			BUSINESS WIRE)--March 7, 2000 Extension of Sprint PCS' All-Digital, All-PCS Nationwide Wireless Network Will Benefit Customers In Key Areas of Arizona, California, Oklahoma, Texas and Wisconsin Expansion Brings Total Licensed PCS Coverage Managed By 18 Sprint PCS Network Partners to More than 68 Million People in 42 States Alamosa PCS, (NYSE: APCS), a Sprint PCS Network Partner, and Sprint PCS (NYSE: PCS) today announced two significant expansions of their affiliation management agreement. Alamosa PCS, A Sprint PCS Network Partner, Expands Management ... by Business Wire			Payment System Payment-In-Kind Payment-In-Kind Bond Payment-in-Kind Security Payments Netting Payments Pattern Payments System payoff Payoff diagram Payoff Month Payoff Profile Payout Period Payout Phase Payout Ratio Payroll Tax Pays accable par la dette Pays creancier Pays en developpement Payup PBGC PBR PC PCAOB PCBs PCE PCS PCX PE Peace Dividend Peak Pecking-Order View Pecuniary Bequest Peer-to-Peer PEFCO Peg PEG Ratio Pegged Exchange Rate Pegging PEH PEN Penalidad por salida anticipada Penalties penalty Penalty Bid Penalty Clause Penalty Fee Penalty for Underpayment of Estimated Tax Penalty Plan Penalty Tax Pence pencil out			PCRN PCRO PCRP PCRQ PCRR PCRRFLP PCRRG PCRS PCRSA PCRSD PCRSN PCRSP PCRSWMD PCRT PCRTA PCRTP PCRTS PCRTT PCRU PCRV PCRW PCRWR PCRWRD PCRZ PCS PCS Access Service for Controllers PCS Access Services for Ports PCS Data Access Service PCS Interface Unit PCS Reservation Obligations Database System PCS Technology Advocacy Group PCS VAD PCS Variance Analysis Division PCS-1900 Type Certification Review Board PCS-EBG PCS-to-PCS Interference PCS-X PCS-YSR PCS/Geneva PCSA PCSA PCSAO PCSAP PCSAR PCSat PCSB PCSB PCSBM PCSC PCSCCB PCSCD

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