certificate of trustee

See certificate of indebtedness.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • certificate of participation — 1. : a certificate issued by some forms of investment trust evidencing a proportionate equitable interest of the holder in securities held by the issuing concern 2. : a certificate of membership in a pension plan issued by the trustee who holds… …   Useful english dictionary

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  • equipment trust certificate — A type of security, generally issued by a railroad, to pay for new equipment. Title to the equipment, such as a locomotive, is held by a trustee until the notes are paid off. An equipment trust certificate is usually secured by a first claim on… …   Black's law dictionary

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