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Domestic International Sales Corporation |
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Domestic International Sales CorporationA type of U.S. corporation, authorized in 1971, with income primarily from exports. Usually wholly owned U.S. subsidiaries, DISCs had special treatment in borowing or taxation. A 1976 GATT case found against the U.S., which reached a compromise settlement with the EC in 1981. DISC was replaced in 1984 by foreign sales corporations.Similar MatchesMorgan Stanley Capital International Europe, Australia, Far East IndexMorgan Stanley Capital International Europe, Australia, Far East IndexSee: EAFE Index International Finance Corporation (IFC)International Finance Corporation (IFC)A corporation owned by the World Bank that produces a number of well-known stock indexes for emerging markets. Its major role is to provide financing for projects in less developed countries. International Trade OrganizationInternational Trade OrganizationConceived as a complement to the Bretton Woods institutions -- the IMF and World Bank -- the ITO was to provide international discipline in the uses of trade policies. The Havana Charter for the ITO was not approved by the United States Congress, however, and the initiative died, replaced by the continuing and growing importance of the GATT. International Organization for StandardizationInternational Organization for StandardizationISO is not an acronym but the name of a standards setting organization chartered by the United Nations. The name ISO is derived from Greek and connotes equality, i.e. each member country regardless of size or wealth gets only one vote. The ISO 4217 are the standard three letter currency codes. These codes are usually composed of the ISO 3166 two letter country code plus a third letter representing the name of the currency. Domestic International Sales Corporation (DISC)Domestic International Sales Corporation (DISC)A US corporation that receives a tax incentive for export activities. Further SuggestionsInternational mutual fundInternational Chamber of Commerce (ICC) International Securities Identification Number International finance subsidiary London International Financial Futures and Options Exchange (LIFFE) International Petroleum Exchange International Stock Exchange of the UK and the Republic of Ireland (ISE) International market index International Banking Facility (IBF) International reserves International financial institution International Bank for Reconstruction and Development (IBRD) International finance International Monetary Fund (IMF) Bank for International Settlements Bank for International Settlements (BIS) Singapore International Monetary Exchange (SIMEX) International factor movement Internationalization International Swap Dealers Association (ISDA) International Depository Receipt (IDR) Court of International Trade FTSE International Morgan Stanley Capital International Emerging Markets Global Index International Bank for Reconstruction and Development (IBRD) |
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