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Definition of 'Trust Receipt'
Notice of the release merchandise to a buyer from a bank, with the bank retaining the ownership title to the released assets. In an arrangement involving a trust receipt, the bank remains the owner of the merchandise, but the buyer is allowed to hold the merchandise in trust for the bank, for manufacturing or sales purposes.
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Investopedia explains 'Trust Receipt'
The buyer of merchandise subject to a trust receipt is required to maintain the merchandise, and any proceeds’ of the sale of the merchandise, for remittance to the bank. In this way, the buyer is permitted use of the merchandise for their business activities, but the bank's interest in the ownership of the merchandise is protected.
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Search results for 'Trust Receipt'
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http://www.investopedia.com/articles/pf/08/special-needs.asp
... This type of trust, known as either a special needs trust or supplemental needs
trust, is often established upon the receipt of either an inheritance or a ...
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http://www.investopedia.com/university/20_investments/19.asp
... What Is It? A unit investment trust (UIT) is a registered trust in which a fixed
portfolio of income-producing securities is purchased and held to maturity. ...
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http://www.investopedia.com/articles/retirement/03/031803.asp?partner=aol-d
... a particular person, such as a spouse or non-spouse, an entity, such as a charity,
your estate or a type of trust. Request a confirmation of receipt of the ...
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http://www.investopedia.com/articles/retirement/03/031803.asp
... a particular person, such as a spouse or non-spouse, an entity, such as a charity,
your estate or a type of trust. Request a confirmation of receipt of the ...
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http://stocks.investopedia.com/stock-analysis/moneyshow/CanadasGurusMakeYourStockPicks.aspx
... Each contestant was asked to pick one stock, income trust, American depositary receipt
or exchange-traded fund traded on a major exchange in Canada or the ...
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http://www.investopedia.com/articles/retirement/10/social-security-depletion-justified.asp
... Ronald Reagan signed into law legislation that raised the eligibility age for receipt
of full ... to run out of money far sooner than the Social Security trust fund ...
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http://www.investopedia.com/articles/pf/09/what-to-consider-before-marrying.asp
... introduce a set of issues to discuss, such as the payment or receipt of child ... Learn
more in Marriage, Divorce And The Dotted Line.) Whether a trust is affected ...
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http://www.investopedia.com/articles/retirement/05/GiftingToCharity.asp
... of your beneficiary designation by requesting a written confirmation of receipt. ...
professional, such as a qualified terminable interest property trust (QTIP) or ...
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http://www.investopedia.com/articles/exchangetradedfunds/09/spdr-etfs.asp
... ETFs, Index Fund, Investing Basics. Standard & Poor's depositary receipt exchange
traded ... fund shares in that, unlike mutual funds, spider ETF trust shares are ...
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http://www.investopedia.com/exam-guide/series-63/foundation/usa-uniform-securities-act-part-5.asp
... subscription; transferable share; investment contract; voting trust certificate;
certificate ... in, temporary or interim certificate for, receipt for, guarantee of ...
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