单词 | property income certificate |
释义 | > as lemmasproperty income certificate property income certificate n. Stock Market (now historical) an investment unit entitling the holder to a share in the rental income of a property development; abbreviated PINC. 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. 3 May 278/2 The unit to be held by investors and traded in the new market will be known as a Property Income Certificate. 1997 Irish Times (Nexis) 1 Oct. 29 Pincs—property income certificates—were a two-part security traded as one on the London Stock Exchange. One element was debt-like, entitling the holder to a portion of the rental stream from a property pool. The other element was equity, reflecting the properties' capital value. < as lemmas |
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