Trust receipt

Trust receipt
Receipt for goods that are to be held in trust for the lender.
Similar financial terms
Trust deed
Agreement between trustee and borrower setting out terms of bond.

trust receipt
written agreement used extensively in letter of credit financing, often extended to a buyer or other importer of goods.

Trust Receipt - A trust agreement, in the form of a receipt, between a bank and a borrower, which is temporarily substituted for other collateral securing a loan. By means of this receipt, the bank releases documents evidencing merchandise.

Trust Receipt
A written declaration by a customer to a bank that ownership in goods released by the bank is retained by the bank, and that the client has received the goods in trust only.

Trust Receipt. An instrument issued by a trustee acknowledging that it holds an item in trust for the holder of the receipt.

TRUST RECEIPT
Release of merchandise by a bank to a buyer in which the bank retains title to the merchandise.
UNIQUE IDENTIFIER NUMBER (UIN) ...

Trust receipts equal to a specific number of shares of corporate stock issued in a foreign country. ADRs are sold and traded in the United States.
American Institute of Certified Public Accountants (AICPA) ...

English: Trust receipt
Français: Reçu fiduciaire
Recibo provisional de mercancías entregadas sobre muelle:
Recibo emitido por el transportista marítimo al recibir la mercadería en el puerto de embarque.

Depository trust receipt: A written guarantee that can be used for money or stock, and to cover either calls or puts.

Some of these dealt with commerce, including the Uniform Conditional Sales Act and the Uniform Trust Receipts Act.

A secured short-term loan to purchase inventory. The three basic forms are a blanket
inventory lien, a trust receipt, and field warehousing financing.
Issued share capital
Total amount of shares that are in issue. Related: outstanding shares.

Inventory loan
A secured short-term loan to purchase inventory. The three basic forms are a blanket inventory lien, a trust receipt, and field warehousing financing.

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.
Trust receipt ...

Merchandise collateral—such as negotiable warehouse receipts, bills of lading, and trust receipts—is also used, as is personal collateral, including deeds, mortgages, leases, and other rights in real estate.

The three basic forms are a blanket inventory lien, a trust receipt, and field warehousing financing. Inventory turnover The ratio of annual sales to average inventory which measures the speed that inventory is produced and sold.

See also: Banks, Expense, Saving, Bills, Savings and loan association