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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) Similar MatchesCorporation taxCorporation taxA tax payable by a company on its profits. The full rate is 30%, but there is a lower rate for small companies. Eleemosynary CorporationEleemosynary CorporationA corporation created for charitable purposes. There are tax advantages accorded to such corporations. The corporation may operate the same as a profit making corporation. Commonly called a nonprofit corporation. Pension Benefit Guaranty CorporationPension Benefit Guaranty CorporationIn the US, a federal corporation, set up in conjunction with the Employee Retirement Income Security Act (ERISA) of 1974, to guarantee basic benefits to participants in pension plans which are underfunded. Articles of incorporationArticles of incorporationIn the US, the document which the founders of a corporation submit to the relevant state for approval after which a certificate of incorporation is issued. These two documents form the corporation's charter which endorses its legality. Information listed in the charter includes the name of the corporation, purpose, number of authorised shares and details of directors. The rules under which the corporation's internal management operates are listed in the bylaws. Securities Investor Protection CorporationSecurities Investor Protection CorporationIn the US, a non profit organisation which provides insurance for cash and securities in customer accounts held by approved brokerage firms. Brokers and dealers registered with the Securities and Exchange Commission are obliged to be members of SIPC. In the event that such a firm fails, investors are covered up to a maximum of $500,000 of which no more than $100,000 can be cash. Further SuggestionsQuasi public corporationAlien corporation Foreign Sales Corporation (FSC) National Association of Investors Corporation National Association of Investors Corporation International Finance Corporation (IFC) Closed corporation Private Export Funding Corporation (PEFCO) Clearing corporations Foreign Sales Corporation Controlled foreign corporation (CFC) Financing Corporation (FICO) Possessions corporation advance corporation tax Corporation Federal Deposit Insurance Corporation (fdic) National Securities Clearing Corporation Domestic International Sales Corporation Transnational corporation Federal Agricultural Mortgage Corporation (Farmer Mac) Federal Deposit Insurance Corporation Federal Home Loan Mortgage Corporation (FHLMC) Articles of incorporation Commodity Credit Corporation Federal Deposit Insurance Corporation (FDIC) |
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