Trust receipt


Also found in: Legal, Acronyms.

Trust receipt

Receipt for goods that are to be held in trust for the lender.

Trust Receipt

An acknowledgment that goods intended to be held in a trust have been duly received.
Mentioned in ?
References in periodicals archive ?
The securities include custodial or trust receipts, auction-rate receipts, inverse floating-rate receipts, and synthetic floating-rate receipts with put features, the most popular type of secondary market synthetic security.
The Bank of New York announced today that it has been named as service provider for the ETF Advisors family of fixed income exchange-traded funds whose Fixed Income Trust Receipts (FITRS) trade on the American Stock Exchange.
NEW YORK -- The American Stock Exchange(R) (Amex(R)) today launched trading in ETF Advisors' fixed-income trust receipts -- FITR(TM) Exchange Traded Funds (ETFs).
NY) fltg-rate trust receipts ser 1999 FR-A16 (liquidity facility: Commerzbank Aktiengesellschaft, NY) (insured: MBIA), `AAA/F1+'; --Lehman Brothers Holdings Inc.
30 /PRNewswire/ -- ESCO Electronics Corporation (NYSE: ESE) announced today that all of its outstanding common stock trust receipts will be exchanged on a one-for-one basis for all of the outstanding shares of its common stock (and related preferred stock purchase rights).
Holders of outstanding trust receipts will be notified by the Company's exchange agent, ChaseMellon Shareholder Services, L.
NEW YORK, June 5 /PRNewswire/ -- PECO Energy Capital Trust II's $50 million issue of trust receipts is rated "BBB+" by Fitch Investors Service.
Capital will hold PECO's deferrable interest subordinated debentures, series C, and the receipt of interest and principal on the debentures will provide the sole funding source for Capital's dividend payments and redemption of the trust receipts in 2037.
0 million shares of its common stock trust receipts (each evidencing one share of common stock) over a two-year period from time to time in the open market or otherwise depending upon market conditions, other factors and subject to the requirements of applicable laws.
0 million Trust Receipts representing Cumulative Monthly Income Preferred Securities, Series B.