See Also: Legal defeasance(money)
Legal defeasance(finance)
Defeasance(money)
Defeasance(finance)
Defeasance(law)
defeasance(dictionary)
In-substance defeasance(money)
Economic defeasance(money)
In substance defeasance(finance)
DEFEASANCE, contracts, conveyancing(law)

Scrip (finance) and Legal defeasance (money)


Scrip (finance)


A temporary document that represents a portion of a share of stock, often issued after a stock split or spin-off.





Legal defeasance (money)


Definition: [crh] The deposit of cash and permitted securities, as specified in the bond indenture, into an Definition: rrevocable+trust">irrevocable trust sufficient to enable the issuer to fully discharge its obligations under the Definition: ure">bond indenture.