Regional fund


 

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Regional fund

A mutual fund that invests in a specific geographic area overseas, such as Asia or Europe.



Regional fund

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Regional stock exchanges

Regional stock exchanges

Organized national securities exchanges located outside of New York City and registered with the SEC They include: the Boston, Cincinnati, Intermountain (Salt Lake City-dormant, owned by COMEX), Midwest (Chicago), Pacific (Los Angeles and San Francisco), Philadelphia (Philadelphia and Miami), and Spokane (local mining and Canadian issues, non-reporting trades) SEC.


Regional Check Processing Center (RCPC)

Regional Check Processing Center (RCPC)

A Federal Reserve check processing operation that clears checks drawn on depository institutions located within a specified area. RCPCs expedite collection and settlement of checks within the area on an overnight basis.


Regional bank

Regional bank

A bank operating in a specific region of the country, taking deposits and offering loans.


Regional policy

Regional policy

In a trade context, this usually refers to a regional aid.


Open regionalism

Open regionalism

Regional economic integration that is not discriminatory against outside countries; typically, a group of countries that agrees to reduce trade barriers on an MFN basis. Adopted as a fundamental princple, but not defined, by APEC in 1989. Bergsten (1997) offers five definitions, ranging from open membership to global liberalization and trade facilitation.


Further Suggestions

Regionalism
Regional aid


 
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