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Shell corporationAn incorporated company with no significant assets or operations, often formed to obtain financing before beginning actual business, or as a front tax evasion.Shell corporation Similar MatchesOptions Clearing Corporation (OCC)Options Clearing Corporation (OCC)Applies to derivative products. Financial institution that is the actual issuer and guarantor of all listed option contracts. 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 IncorporationIncorporationA legal process through which a company receives a charter and the state in which it is based allows it to operate as a corporation. Quasi public corporationQuasi public corporationA corporation that is operated privately, but is supported by the government in its operations and that often traded publicly. 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. Further SuggestionsClearing corporationsResolution Trust Corporation (RTC) Corporation Freddie Mac (Federal Home Loan Mortgage Corporation) Private Export Funding Corporation (PEFCO) Alien corporation Multinational corporation (MNC) Instinet (Institutional Networks Corporation) Affiliated corporation Mortgage Backed Securities Clearing Corporation (MBSCC) advance corporation tax Multinational corporation Foreign Sales Corporation (FSC) Foreign corporation International Finance Corporation (IFC) National Association of Investors Corporation Edge Act corporation National Securities Clearing Corporation (NSCC) Domestic corporation Commodity Credit Corporation Pension Benefit Guaranty Corporation Security Industry Automated Corporation (SIAC) Securities Investor Protection Corporation Federal Home Loan Mortgage Corporation (FHLMC) articles of incorporation |
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