- cross receipt
USAA receipt signed by the issuer and the lead underwriter at the closing of a securities transaction in which the issuer acknowledges receipt of funds in payment for securities and the lead underwriter acknowledges receipt of the securities or, in the case of global securities, their interests in the global securities.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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Cross — n., v., & adj. n. 1 an upright post with a transverse bar, as used in antiquity for crucifixion. 2 a (the Cross) in Christianity, the cross on which Christ was crucified. b a representation of this as an emblem of Christianity. c = sign of the… … Useful english dictionary
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