Options Clearing Corporation (OCC)


 

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Options Clearing Corporation (OCC)

Applies to derivative products. Financial institution that is the actual issuer and guarantor of all listed option contracts.



Options Clearing Corporation (OCC)

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Federal Deposit Insurance Corporation

Federal Deposit Insurance Corporation

In the US, the federal agency that acts as guarantor for funds deposited in member banks.


Federal Deposit Insurance Corporation (FDIC)

Federal Deposit Insurance Corporation (FDIC)

A federal institution that insures bank deposits.


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The federal corporation which insures against loss of deposits in banks, up to a maximum amount.


Domestic International Sales Corporation

Domestic International Sales Corporation

A 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.


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Further Suggestions

Articles of incorporation
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Options Clearing Corporation
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Securities Investor Protection Corporation
corporation tax
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Edge corporations
Financing Corporation (FICO)
Section 352 of the Income and Corporation Taxes Act 1988
Affiliated corporation
National Securities Clearing Corporation (NSCC)
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Foreign corporation
Closed corporation
Domestic International Sales Corporation (DISC)
Incorporation
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closely held corporation


 
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