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词汇 property income certificate
释义

Definition of property income certificate in English:

property income certificate

noun
Stock Market historical
  • An investment unit entitling the holder to a share in the rental income of a property development; abbreviated PINC.

Origin

1980s; earliest use found in Estates Gazette.

Definition of property income certificate in US English:

property income certificate

noun
Stock Market historical
  • An investment unit entitling the holder to a share in the rental income of a property development; abbreviated PINC.

Origin

1980s; earliest use found in Estates Gazette.

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