Security Industry Automated Corporation (SIAC)

 

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Security Industry Automated Corporation (SIAC)

Entity that executes automated DOT orders.



Security Industry Automated Corporation (SIAC)

Similar Matches

Edge corporations

Edge corporations

Specialized banking institutions, authorized and chartered by the Federal Reserve Board of Governors in the U.S., that are allowed to engage in transactions of a foreign or international character. They are not subject to restrictions on interstate banking. Foreign banks operating in the US are permitted to organize and own an edge corporation.


Federal Deposit Insurance Corporation (FDIC)

Federal Deposit Insurance Corporation (FDIC)

A federal institution that insures bank deposits.


Federal Deposit Insurance Corporation

Federal Deposit Insurance Corporation

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


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.


Closed corporation

Closed corporation

A corporation whose shares are owned by just a few people, having no public market.


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