Cryptocurrency Q&A
What is PTC in money?
What is PTC in money?
Valentino
Sun Nov 24 2024
|
5 answers
1074
I've encountered the term PTC in a financial context and I'm not sure what it stands for. Could it be related to some kind of financial transaction or maybe a specific type of currency? I'd like to know the meaning of PTC in the realm of money.
5 answers
KDramaCharm
Tue Nov 26 2024
Such securities may include bonds and debentures, which provide investors with financial returns.
Was this helpful?
175
58
Stefano
Tue Nov 26 2024
A pass through certificate (PTC) represents a financial instrument specifically designed for investors.
Was this helpful?
184
58
SkylitEnchantment
Tue Nov 26 2024
It is issued in relation to certain mortgaged-backed securities held by the issuer.
Was this helpful?
240
78
Arianna
Tue Nov 26 2024
The PTC serves as proof of an investor's ownership in these securitized mortgages.
Was this helpful?
86
46
Caterina
Tue Nov 26 2024
This certificate functions similarly to other securities often issued by banks and companies.
Was this helpful?
389
37
