by PhixFeind September 23, 2019
Get the Cheifing mug.* Finance: An easy acronym suitable for identifying NON-EXEMPT SECURITIES, that can be used during the Uniform Securities Examination, Series 63 Exams.
*How it works: You the acronym "C4. R. E. F.T.I." or simply "Crefti" each time one is asked figure out which security will be exempt from state registration. The definition of CREFTI is for non-exempt securities. ANY SECURITY ON THIS LIST MUST BE REGISTERED AT THE STATE LEVEL.
Non-Exempt securities (MUST register):
*C- Currency
*C- Condos
*C- Collectibles
*C- Commodity Futures
*R- Residence
*E- Endowments
*F- Fixed Annuities
*T-Traditional (Whole ) Insurance
*I -IRA or Keogh plans
(Hint: any security not on this list IS either an exempt or Federal Covered security, thus need not register at the State level)
*How it works: You the acronym "C4. R. E. F.T.I." or simply "Crefti" each time one is asked figure out which security will be exempt from state registration. The definition of CREFTI is for non-exempt securities. ANY SECURITY ON THIS LIST MUST BE REGISTERED AT THE STATE LEVEL.
Non-Exempt securities (MUST register):
*C- Currency
*C- Condos
*C- Collectibles
*C- Commodity Futures
*R- Residence
*E- Endowments
*F- Fixed Annuities
*T-Traditional (Whole ) Insurance
*I -IRA or Keogh plans
(Hint: any security not on this list IS either an exempt or Federal Covered security, thus need not register at the State level)
Example:" According to the provisions given under NSMIA and the Uniform Securities Act, which of the following securities my be registered with the State Administrator....(long list of securities provided)
Answer: Use CREFTI --anything NOT on this list is exempt from registration! (Bingo!)
Answer: Use CREFTI --anything NOT on this list is exempt from registration! (Bingo!)
by Peter Afari August 14, 2009
Get the CREFTI mug.by Tony404 March 12, 2020
Get the Cheif Keef/SOSA mug.1) Doctor, I've been taking the medication but I constantly have creflow leaking into my underwear, my wife refuses to be in the same room with me.
by Asstrologer April 10, 2020
Get the Creflow mug.friend1: hey you're a dick.
friend2: naaah i'll smoke your family you absolute criftah!
friend1: you crossed the line.
friend2: naaah i'll smoke your family you absolute criftah!
friend1: you crossed the line.
by elusive-chance January 11, 2010
Get the criftah mug.do a massive dump on something or someone. Usually done as a joke to someone. You should only do it to friends who will take the joke well.
Austin: look inside your bag
Liam: why?
Austin: just do it
Liam: whats that smell, oh f#@% you creiped me didnt you, dickhead,
Austin: hahaha
Liam: why?
Austin: just do it
Liam: whats that smell, oh f#@% you creiped me didnt you, dickhead,
Austin: hahaha
by noobesechicks March 24, 2011
Get the creiped mug.by wberneag July 19, 2009
Get the crecifice mug.