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Export Trading Company (ETC) |
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Export Trading Company (ETC)A company serving as the export department of other firms. They usually take title, risk and responsibility for the goods they export.Export Trading Company (ETC) Similar MatchesRegistered companyRegistered companyA company that is listed with the SEC after submission of a required statement and compliance with disclosure requirements. Open ended investment companyOpen ended investment company'OEICs' are hybrid investment funds that have some of the features of an investment trust and some of a unit trust.Like investment trusts, OEICs are companies that issue shares on the London Stock Exchange, and which use the money raised from shareholders to invest in other companies. Unlike investment trusts, they are open-ended which means that when demand for the shares rises the manager just issues more shares. With an investment trust, if demand exceeds supply, the response may be a rise in the share price.The price of OEIC shares is determined rather differently. More like a unit trust, in fact, with the key factor being the value of the underlying assets of the fund. But in contrast to unit trusts, there is no bid/offer spread with OEICs, so the price of the shares should be the same whether you are buying or selling.OEICs are popular on the continent but were only launched in the UK in 1997. There are around 300 up and running, with a wide range of investment objectives. You can put an OEIC into an ISA. Finance companyFinance companyA company whose business and primary function is to make loans to individuals, while not receiving deposits like a bank. Mutual companyMutual companyA corporation that is owned by a group of members and that distributes income in proportion to the amount of business that members do with the company. Single company PEPSingle company PEPSee: 'personal equity plan'. Further SuggestionsInvestment Company with Variable CapitalBank holding company Company Announcements Office Intracompany trade company representative (tied agent) Trust company Captive finance company close company Investment company Limited company Company Joint stock company Leveraged company listed company Diversified investment company Export management company Closely held company shell company Investment Company Act of 1940 Income investment company public limited company (plc) Consumer finance company Intercompany transaction company pension scheme investment company |
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