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S Corporation |
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S CorporationA corporation that elects not to be taxed as a corporation. That is, the corporation does not directly pay federal income tax on its earnings. Similar to a partnership, it passes its income or losses and other tax items on to its shareholders.S Corporation Similar MatchesFederal Agricultural Mortgage Corporation (Farmer Mac)Federal Agricultural Mortgage Corporation (Farmer Mac)A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans. 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. Federal Deposit Insurance CorporationFederal Deposit Insurance CorporationIn the US, the federal agency that acts as guarantor for funds deposited in member banks. 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 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 SuggestionsCommodity Credit CorporationAffiliated corporation National Association of Investors Corporation Pension Benefit Guaranty Corporation Federal Deposit Insurance Corporation (fdic) Mortgage Backed Securities Clearing Corporation (MBSCC) National Securities Clearing Corporation (NSCC) Corporation Freddie Mac (Federal Home Loan Mortgage Corporation) Edge corporations Domestic International Sales Corporation Private Export Funding Corporation (PEFCO) Foreign Sales Corporation Federal Deposit Insurance Corporation (FDIC) Possessions corporation Domestic International Sales Corporation (DISC) National Association of Investors Corporation Closed corporation Resolution Funding Corporation (RefCorp) Foreign corporation Quasi public corporation Security Industry Automated Corporation (SIAC) Shell corporation Domestic corporation International Finance Corporation (IFC) |
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