Series-ending abbr.

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Possible Answers: ETAL, ETC.

Last seen on: –LA Times Crossword 31 May 21, Monday
LA Times Crossword 19 Jul 20, Sunday
LA Times Crossword 30 Jun 20, Tuesday
LA Times Crossword 13 Feb 20, Thursday
LA Times Crossword 10 Feb 20, Monday
Wall Street Journal Crossword – September 28 2019 – Treasure Hunt
LA Times Crossword 19 Oct 18, Friday

Random information on the term “ETC”:

An equipment trust certificate (ETC) is a financial security used in aircraft finance, most commonly to take advantage of tax benefits in North America.

In a typical ETC transaction, a “trust certificate” is sold to investors in order to finance the purchase of an aircraft by a trust managed on the investors’ behalf. The trust then leases the aircraft to an airline, and the trustee routes payments through the trust to the investors. Upon maturity of the note, the airline receives title to the aircraft.

The lease is not a “true” lease because the airline receives title at the end. Therefore, ETCs are a form of secured debt financing similar to a mortgage. Because the aircraft is not owned by the airline until maturity, the aircraft is not considered airline property for the purposes of bankruptcy; however, alternative forms of financing such as mortgage and securitization lead to the same result, making this a relatively minor advantage in comparison to the tax benefits.

ETC on Wikipedia