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What does T/R stand for?

T/R stands for Trust Receipt

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of T/R

Other Resources:
We have 49 other meanings of T/R in our Acronym Attic

Samples in periodicals archive:

Furthermore, the accused admitted lending money on Islamic profit basis used in Islamic banks, charging profit rates between four and six per cent, and collect cheques or trust receipts as a security.
In most cases, SMEs in trading and manufacturing get bank facilities -- mainly letter of credit (LCs) and trust receipts (TRs) -- at between 6 to 14 per cent annum," said Jitendra Gianchandani, chairman of Jitendra Consulting Group (JCG).
Under the MoU, ADCB will commit to develop a special SME 100 package that covers reduced interest rates, funded credit facilities at ADCB's base rate, priority transaction processing, reduced fees and charges on export transactions, flexible repayment options, access to a complete suite of SME products such as overdrafts, short term loans, invoice and PDC discounting, letters of credit and trust receipt, loan against import, letters of guarantee, commercial vehicle loan, construction equipment loan, online trade finance platform (Protrade) and online fx platform (Fx Freeway).
The Service agreed, because the trust agreement gave the trustee broad discretion to allocate trust receipts between principal and income, and corporate distributions exceeding 20% of corporate assets were allocated to principal under state law.
The financing includes before and after shipping facilities, loans against trust receipts, discounted bills, payments for receivable amounts and discounted export bills.