Rolling Stock

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Rolling Stock

Automobiles, railroad cars, trucks, and similar assets. Rolling stock is used as collateral on some loans because it is easy for the lender to take possession of them in the event of default.

rolling stock

Any of various readily movable transportation equipment such as automobiles, locomotives, railroad cars, and trucks. Rolling stock generally makes good collateral for loans because the equipment is standardized and easily transportable among firms or locations. See also equipment trust certificate.

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