People looking for moderate risk and moderate reward can purchase collateral trusts from General Electric. This claim is accurate.
What do you mean when you say collateral trust?
- The definition of a secured bond is a collateral trust.
- Stocks, bonds, or other assets must be deposited with a trustee by this corporation in order to support its bonds.
- On this situation, the collateral must be valued in the market at the time the bond is issued.
- By way of financial security, they are owed money.
- You can use firearms, jewelry, bank account balances, land, and cars in addition to the more typical sorts of money, pawnable commodities, and cash.
The complete question is,
For those seeking a modest level of risk and return, General Electric creates collateral trusts. True/False.
To learn more about Collateral Trusts refer to:
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