Define: Stock Engine

How is Stock Engine defined in a legal contract?

• Stock Engine means a certified CI engine that has not yet been utilised and is a part of a collection of engines presented for sale, lease, or rent by a business or a person who sells, rents, or leases engines and related equipment for profit. Seen in 17 SEC filings
• Stock Engine means a validated diesel-fueled engine that has never been used and is included in a stock of engines up for sale, rent, or lease by a person or entity who provides for sale, rent, or lease engines and associated merchandise to earn profit. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of stock engine' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Stock Engine means a certified engine, diesel or CI, yet to be used, available for sale, lease, or rent for profit.

Relevant Contract Types

• Supply Contracts
• Equipment Lease Agreements
• Purchase Agreements

Relevant Circumstances

• Engineering and construction projects requiring diesel or CI engines
• Business operations for companies dealing in engine sales, lease, or rent
• Supply chain management for manufacturing industries

Relevant Sectors

• Construction
• Trading companies
• Manufacturing industries

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