- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The deposit of cash and permitted securities, as specified in the bond indenture, into an irrevocable trust sufficient to enable the issuer to fully discharge its obligations under the bond indenture.
Industry:Financial services
The value of a firm's deduction of the interest payments on its debt from its earnings before calculation of its tax bill under current tax law.
Industry:Financial services
A person or organization that can legally enter into a contract, and may therefore be sued for failure to comply with the terms of the contract.
Industry:Financial services
The reduction in income taxes that results from the tax-deductibility of interest payments.
Industry:Financial services
Investments that a regulated entity is permitted to make under the rules and regulations that govern its conduct.
Industry:Financial services
The declaration and payment of a dividend prior to annual earnings determination.
Industry:Financial services
A list of high-quality debt and equity securities chosen by a state agency that are acceptable holdings for fiduciary institutions.
Industry:Financial services
