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Trust companyAn organization that acts as a fiduciary and administers trusts.Trust company Similar MatchesLeveraged investment companyLeveraged investment companyAn investment company or mutual fund entitled to borrow capital for its operations. Also, an investment company that issues both income shares and capital shares. Finance companyFinance companyA company whose business and primary function is to make loans to individuals, while not receiving deposits like a bank. Company representative (tied agent)Company representative (tied agent)A financial services sales rep, authorised to give financial advice on life assurance, pensions and unit trusts, but only allowed to recommend products from his/her employer. Unlike, IFAs, therefore, tied agents cannot be assumed to give impartial advice.Under the Financial Services Act 1986 all financial advisers must tell prospective clients whether they are tied agents or independent, so that the client knows what kind of advice he is getting.Tied agents are regulated by the Financial Services Authority (FSA). Depository Trust CompanyDepository Trust CompanyIn the US, the Depository Trust Company (DTC) is a national clearing house for the settlement of trade in corporate and municipal securities and performs securities custody-related services for its participating banks and broker-dealers. DTC is owned by members of the financial industry and by their representatives who are its users. DTC is 35.1% owned by the New York Stock Exchange on behalf of the Exchange's members. It is operated by a separate management and has an independent board of directors. It is a limited purpose trust company and is a member of the Federal Reserve. Investment Company Institute (ICI)Investment Company Institute (ICI)A national industry group of investment companies, including mutual funds, founded in 1940. Further SuggestionsEmerging Company Marketplace (ECM)single company PEP Investment Company with Variable Capital Company Parent company Leveraged company Investment Company Act of 1940 Cost company arrangement Public Utility Holding Company Act of 1935 company pension scheme limited company Foreign base company income Closely held company Investment company Export Trading Company (ETC) Bank holding company company doctor Registered company Intercompany loan Intracompany trade Company doctor close company Intercompany transaction Company specific risk Public Company |
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