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PINC
PINC n. (also Pinc, pinc) (also with pronunciation
Brit. 
/pɪŋk/
, /pɪŋk/U.S. /pɪŋk/
) property income certificate./pɪŋk/ΘΚΠ
society > trade and finance > stocks and shares > stocks, shares, or bonds > [noun] > certificates
trust certificate1720
scrip?1734
script1768
savings certificate1842
stock certificate1863
PINC1986
property income certificate1986
1986 Estates Gaz. 28 June 1470/4 Property Income Certificates—PINCs for short—are a completely new investment vehicle and would require setting up a special market to trade in the units.
1988 Daily Tel. 13 Sept. 26/1 Taylor Woodrow's decision to take profits from its St Katharine's Dock development, by offering the World Trade Centre building for unitisation through property income certificates (pincs) has surprised many in the City.
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