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.
References in periodicals archive ?
While our rolling stock is older than many other train operators in the UK, we are proud to have invested significantly in refurbishing it, spending millions of pounds in the process despite only being asked to invest PS400,000 at the start of the franchise.
There was no additional rolling stock either so the franchise was going to run until, eventually, the trains became unusable.
Beacon's customers include many of the top freight operators in the UK and leading locomotive and rolling stock operators throughout Europe and Scandinavia.
Railroads are estimated to be the largest application market in the overall rolling stock market.
Delegates also visited a laboratory in Tsukuba and observed live fire experiments on sample materials used in metro rolling stock flooring.
Under a 10-year contract with BMCL, Marubeni and Toshiba will provide maintenance service for the rolling stock and the Purple Line's electrical systems.
I think people will begin to understand the geometry and layout of the rolling stock to be one that is highly suitable.
Factors that determine the number of rolling stock failures
The notice states: "Merseyside Passenger Transport Executive is currently considering its options around the replacement of its current fleet of Class 507/508 EMU Rolling Stock should it decide to replace the rolling stock following conclusion of its business case process.
But the issue of proving and testing the capabilities of any new manufacturers could take years to assess before UK-based customers could consider placing any orders for rolling stock.
Clr Greaves said: "The predictions in this report make Metro's calls for investment in the local rail network infrastructure and additional rolling stock all the more urgent as the kind of improvements that would be needed take time to develop.
Summary: Morocco and France signed, on Monday in Rabat, a financing protocol for a 225 million euro-loan to fund the rolling stock of Casablanca tramway.