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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The bulging players in the global rolling stock market are companies like Hitachi, Ltd, GE Transportation, Electro-Motive Diesel (EMD ,Kawasaki Heavy Industries Rolling Stock Company, Construccionesy Auxiliar de Ferrocarriles, S.A (CAF) and), Siemens, CRRC Corporation Limited, Bombardier, Alstom, Transmashholding Stadler Rail AG and Hyundai Rotem Company.
The RMT is calling for the rolling stock to be taken back into public ownership - along with the rest of the rail network - and claim the dividends paid out could have funded 700 new trains.
Under the company's new strategy, service concept is based on leased rolling stock, enabling light asset and organisational structure.
The average age of its rolling stock was 38.5 years old.
The main risk for ROSCOs is non-renewal of rolling stock leases when franchises are re-let, coupled with the inability to secure another franchise to lease the stock to.
"Stan Brakhage in Rolling Stock, 1980-1990" includes appendices of reprint letters Brakhage wrote to Stella Pence (Telluride's co-founder and managing director), as well as summaries of his work for Telluride and a brace of difficult-to-find reviews.
In response to the ORR figures, an ATW spokesman said previously:"The rolling stock in our fleet was allocated to us at the start of the franchise in 2003, with much transferring over from previous franchise agreements.
CAF, which will manufacture the rolling stock for this project, is one of the largest rolling stock manufacturers in Europe.
Prof Cole said the rolling stock used by the company was now 40 years old and liable to need extensive maintenance.
The tour was organised in collaboration with the Japanese Mitsubishi group for civil defence and locomotive engineers in Qatar, to learn firsthand the latest technologies in material used in the manufacture of metro rolling stock and the extent of its resistance to fire.
Qatar Rail has sent civil defence engineers in a bid to learn the latest technologies and materials used in the manufacture of metro rolling stock and the extent of its resistance to fire.
subsidiary has completed its acquisition of UK-based rail rolling stock company Eversholt Rail Group following clearance from the European Commission under the EU Merger Regulation.