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General Finance
Industry: Financial services
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General Finance
Trust Indenture Act of 1939
Financial services; General Finance
A law that requires all corporate bonds and other debt securities to be issued subject to indenture agreements and comply with certain indenture provisions approved by the SEC.
trustee
Financial services; General Finance
Agent of a bond issuer who handles the administrative aspects of a loan and ensures that the borrower complies with the terms of the bond indenture.
universe of securities
Financial services; General Finance
A group of stocks having a common feature, such as similar outstanding market capitalization or same product line.
treasury notes
Financial services; General Finance
Debt obligations of the US Treasury that have maturities of more than 2 years but less than 10 years.
unit
Financial services; General Finance
More than one class of securities traded together (e.g., one common share and three subscription warrants).
tax holiday
Financial services; General Finance
A reduced tax rate that a government provides as an inducement to foreign direct investment.
trust deed
Financial services; General Finance
Agreement between trustee and borrower setting out terms of a bond.
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