|
|
National Securities Clearing Corporation |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
National Securities Clearing CorporationIn the US, facilitates trade processing, clearance, delivery and settlement of equities, and corporate and municipal bonds. NSCC is owned equally by the New York and American Stock Exchanges and the National Association of Securities Dealers.Similar MatchesResolution Funding Corporation (RefCorp)Resolution Funding Corporation (RefCorp)A government agency established by Congress in 1989 to issue bailout bonds and raise funds for the activities of the Resolution Trust Corporation, as well as to administer struggling institutions inherited from the disbanded Federal Savings and Loan Corporation. Edge corporationsEdge corporationsSpecialized banking institutions, authorized and chartered by the Federal Reserve Board of Governors in the U.S., that are allowed to engage in transactions of a foreign or international character. They are not subject to restrictions on interstate banking. Foreign banks operating in the US are permitted to organize and own an edge corporation. Edge Act corporationEdge Act corporationCorporation chartered by the Federal Reserve to engage in international banking. The Board of Governors acts on applications to establish Edge Act corporations and also examines the corporations and their subsidiaries. Named after Senator Walter Edge of New Jersey, who sponsored the original legislation to permit formation of such organizations. See also: agreement corporation. Federal Home Loan Mortgage Corporation (FHLMC)Federal Home Loan Mortgage Corporation (FHLMC)See: Freddie Mac Resolution Trust Corporation (RTC)Resolution Trust Corporation (RTC)A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or merging them. Further SuggestionsAlien corporationForeign Sales Corporation International Finance Corporation (IFC) Mortgage Backed Securities Clearing Corporation (MBSCC) Security Industry Automated Corporation (SIAC) Commodity Credit Corporation Section 352 of the Income and Corporation Taxes Act 1988 Foreign Sales Corporation (FSC) Clearing corporations Shell corporation S Corporation Incorporation Closed corporation Federal Deposit Insurance Corporation (FDIC) closely held corporation Quasi public corporation Affiliated corporation Articles of incorporation Federal Agricultural Mortgage Corporation (Farmer Mac) Options Clearing Corporation Domestic International Sales Corporation Freddie Mac (Federal Home Loan Mortgage Corporation) Multinational corporation (MNC) Securities Investor Protection Corporation Corporation |
|
|
|