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单词 trust receipt
释义 trust receipt
noun
: a trust agreement between a bank and its debtor by which the bank gives up possession of collateral security to the debtor without abandoning its title to the security and the debtor agrees to hold the security in trust for the bank and if the security is sold to hold the proceeds in trust for the bank and to pay them to the bank in settlement of the indebtedness
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更新时间:2024/9/21 0:46:25