# trs

CEFR C1 · Noun

Source: https://englishreference.com/word/trs
Updated: 2026-05-25

## Definition

a type of financial contract that lets a company borrow money by using its future income as a guarantee. It is often used when a company needs a lot of cash quickly.

For teachers: a financial instrument in which a company pledges its future cash flows as collateral for a loan. Typically structured as a secured debt offering, it allows the borrower to access capital markets while mitigating risk for the lender.

## Examples

- The company issued trs to raise funds for its new factory.
- During the economic downturn, many firms turned to trs to secure immediate liquidity without having to sell their physical assets.
- The complexity of the trs structure requires a detailed analysis of the underlying cash flow projections to ensure that the collateral remains sufficient throughout the loan's duration.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.