|
|
Pension Benefit Guaranty Corporation (PBGC) |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Pension Benefit Guaranty Corporation (PBGC)A federal agency that insures the vested benefits of pension plan participants (established in 1974 by the ERISA legislation).Pension Benefit Guaranty Corporation (PBGC) Similar MatchesArticles of incorporationArticles of incorporationLegal document establishing a corporation and its structure and purpose. Options Clearing CorporationOptions Clearing CorporationIn the US, the OCC is the body which clears options transactions. Founded in 1973, OCC is the largest clearing organisation in the world for financial derivatives instruments. Operating under the jurisdiction of the Securities and Exchange Commission, OCC is the issuer and registered clearing facility for all US exchange-listed securities options. OCC issues put and call options on several types of underlying assets including common stocks and other equity issues, stock indexes, foreign currencies and interest rate composites. URL: http://www.optionsclearing.com Transnational corporationTransnational corporation1. Same as multinational corporation, though for some reason this term seems to be preferred by those who don't like them. 2. A corporation whose national identity is a matter of convenience only, and that will move its headquarters readily in response to incentives. Mortgage Backed Securities Clearing Corporation (MBSCC)Mortgage Backed Securities Clearing Corporation (MBSCC)"Founded" in 1979, MBSCC is the sole provider of automated post-trade comparison, netting, risk management and pool notification services to the mortgage-backed securities market. The organization is a registered clearing agency with the Securities and Exchange Commission and majority-owned by its members -- MBS dealers, inter-dealer brokers and other non-broker/dealers. MBSCC provides its specialized services to major market participants active in various Government National Mortgage Association (GNMA), Fannie Mae(FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) MBS programs. Foreign Sales CorporationForeign Sales CorporationRefers to a provision of the U.S. tax code that grants income-tax rebates to American exporters if they form what may be a largely artificial foreign subsidiary called an FSC. This has been the subject of a trade dispute with the EU which complained to the WTO that this constitutes an illegal export subsidy. Further Suggestionsclosely held corporationForeign corporation Shell corporation S Corporation Federal Deposit Insurance Corporation (FDIC) Section 352 of the Income and Corporation Taxes Act 1988 Multinational corporation (MNC) articles of incorporation Clearing corporations Corporation Closed corporation Foreign Sales Corporation (FSC) Federal Home Loan Mortgage Corporation (FHLMC) Private Export Funding Corporation (PEFCO) Resolution Funding Corporation (RefCorp) Affiliated corporation Eleemosynary Corporation Domestic corporation International Finance Corporation (IFC) National Association of Investors Corporation advance corporation tax Commodity Credit Corporation Edge corporations National Association of Investors Corporation Options Clearing Corporation (OCC) |
|
|
|