Known as an ETC. A type of debt instrument very similar to mortgaging or a leasing. According to the specifications of the agreement, an ETC owner/investor uses a particular asset, paid for over an agreed-to set period of time. At payoff, the investor owns the asset. These certificates originally financed railroad cars. ETCs carry a well-liked tax benefit. Because the investor does not yet own the asset while the ETC is still viable, the asset is not property of the company or investor, so no taxes are owed on it. ETCs are typically used to financing a boat or aircraft (or railcar?).

• ACCELERATED TARIFF ELIMINATION
• ACCELERATION
• ACCELERATION
• ACCELERATION CLAUSE
• ACCELERATION CLAUSE
• ACCELERATION LIFE INSURANCE
• ACCELERATOR
• ACCELERATOR PRINCIPLE
• ACCEPTABLE DAILY INTAKE
• ACCEPTABLE DAILY INTAKE
• ACCEPTABLE PRICE RANGE
• ACCEPTABLE QUALITY LEVEL
• ACCEPTABLE RISK
• ACCEPTABLE RISK
• ACCEPTABLE USE POLICY
• ACCEPTABLE USE POLICY
• ACCEPTANCE
• ACCEPTANCE FEE
• ACCEPTANCE FINANCING
• ACCEPTANCE FOR HONOR
• ACCEPTANCE LETTER OF CREDIT
• ACCEPTANCE MARKET
• ACCEPTANCE OF A BILL OF EXCHANGE
• ACCEPTANCE OF GOODS
• ACCEPTANCE OF PLEA