This time we are looking on the crossword clue for: And others: Abbr..
it’s A 17 letters crossword puzzle definition. See the possibilities below.
Did you find what you needed?
We hope you did!. If you are still unsure with some definitions, don’t hesitate to search them here with our crossword solver.
Possible Answers: ETAL, ETC.
Last seen on: –Vox Crossword Answers Saturday, 30 March 2024
–Daily Boston Globe Crossword Answers Tuesday, 12 March 2024
–Daily Boston Globe Crossword Sunday, February 12, 2023
–NY Times Crossword 22 Nov 21, Monday
–NY Times Crossword 15 Mar 21, Monday
–LA Times Crossword 8 Sep 20, Tuesday
–NY Times Crossword 7 Sep 20, Monday
–NY Times Crossword 3 Aug 20, Monday
–LA Times Crossword 25 May 20, Monday
–LA Times Crossword 24 Feb 20, Monday
–NY Times Crossword 9 Aug 19, Friday
–NY Times Crossword 22 Apr 19, Monday
–Daily Celebrity Crossword – 2/19/19 TV Tuesday
Random information on the term “ETC”:
An equipment trust certificate (ETC) is a financial security used in aircraft finance, most commonly to take advantage of tax benefits in North America.
In a typical ETC transaction, a “trust certificate” is sold to investors in order to finance the purchase of an aircraft by a trust managed on the investors’ behalf. The trust then leases the aircraft to an airline, and the trustee routes payments through the trust to the investors. Upon maturity of the note, the airline receives title to the aircraft.
The lease is not a “true” lease because the airline receives title at the end. Therefore, ETCs are a form of secured debt financing similar to a mortgage. Because the aircraft is not owned by the airline until maturity, the aircraft is not considered airline property for the purposes of bankruptcy; however, alternative forms of financing such as mortgage and securitization lead to the same result, making this a relatively minor advantage in comparison to the tax benefits.