SLOB

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Secured Lease Obligation Bond

A debt security that is secured by a lease on an asset. That is, the revenue the issuer obtains from the lease guarantees payment on the bond. It is important to note that only the lease (or a lease coupled with a lien on the asset) secures the bond. This is a common financing tool for electric companies building power stations.

SLOB

References in periodicals archive ?
The minimum benefit rules of this safe harbor are applied to SLOBs that have a HCE percentage ratio of less than 50 percent for the testing year.
We're very pleased with the response this competition has drawn, and hope it inspires others to embrace their inner slob.
The train network Merseyrail announced on Friday that it would in future exercise a policy of zero tolerance on slobs who repeatedly put their feet on seats.
Now let The Slobs show you how to keep your sex life spicy, treat your partner to a good night out and bring up your kids nice and proper.
MOTORISTS in the Midlands are turning into "burger louts" who load up on unhealthy food and drink and slob out behind the wheel, according to a new study.
Finally, the employer must show that its SLOBs meet the requirements for qualified lines of business.
The SLOBs are secured by pledged lessor notes, which represent a lien on an 11.
She added: "There is a potential for conflict if partners are concentrating more on material possessions and looking good than on their relationship - but, equally, couples who find themselves living like Harry Enfield's Wayne and Waynetta Slob might be trapped in a rut that will eventually drive them apart.
If an employer is treated as operating qualified SLOBs under Sec.
SLOBs and MIDS/Preferred stock `BBB'; and commercial paper `F2.
After all, these are the guys who lambaste their hetereosexual brethern for being such slobs and are so pernickety about everything that if they weren''t gay already they soon would be because no women could put up with that.
Start prosecuting the slobs who drop their fast-food wrappers, gum, cigarettes and other trash all over without any consideration.