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trust letter meaning

  "trust letter" in a sentence
  • [Economics]
    A document that assigns goods to a bank as security against a loan and enables the borrower to regain title of the goods in order to sell them to pay off the loan.

Examples

  1. Linda DiVall, a veteran Republican pollster who is working on the presidential campaign of Texas Sen . Phil Gramm, said the Founders Trust letter indicates that Forbes " is sinking into the common practice of offering people access in exchange for campaign contributions ."

Related Words

  1. trust in meaning
  2. trust in so or sth meaning
  3. trust indenture meaning
  4. trust indenture act of 1939 meaning
  5. trust instrument meaning
  6. trust me meaning
  7. trust me! meaning
  8. trust of land meaning
  9. trust power 1 meaning
  10. trust preferred securities (trups) meaning
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