________ is used to finance "rolling stock"-airplanes,trucks,boats,railroad cars.

Question

Quizplus · Accepted Answer

Equipment trust certificates (ETCs) are a form of financing used for "rolling stock," which refers to transportation equipment that can move on its own, such as airplanes, trucks, boats, and railroad cars. An ETC is a type of debt instrument that is secured by the equipment itself, allowing the issuer to obtain financing at lower rates than with unsecured debt.

________ Is Used to Finance "Rolling Stock"-Airplanes,trucks,boats,railroad Cars