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Corporate & Institutional Glossary

Tare Weight Tax Lease Tax Withheld Telegraphic Transfer Tenants In Common Tenor Terms, Payment Terms, Selling Terms, Shipping Theta Time Draft Time Value (Extrinsic Value) Total Market Value Total Shares Trac Lease Trade Date Tramp Steamer Transfer Agent Transferee Transferor Transhipment Treasury Stock True Lease Trust Trust Receipt Trustee Ttaxplus

Trustee A bank or trust company that holds title to or a security interest in leased property for the benefit of the lessee, lessor, and/or creditors of the lessor. A leveraged lease often has two trustees an owner trustee and an indenture trustee.

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