Meaning DEPOSITORY TRUST COMPANY (DTC): DTC is a user-owned securities depository that accepts deposits of eligible securities for custody, executes book-entry deliveries and records book-entry pledges of securities in its custody, and provides for withdrawals of securities from its custody. Central securities repository where stock and bond certificates are exchanged. Most of these exchanges now take place electronically, and few paper certificates actually change hands. The DTC is a member of the Federal Reserve System and is owned by most of the brokerage houses on Wall Street and the NYSE
More terms such as Depository Trust Company (DTC) in Dictionary D.
- Definition Deferred Taxes:
- Examples A non-cash expense that provides a source of free cash flow. Amount allocated during the period to cover tax liabilities that have not yet been paid depository trust company (dtc) definition.
- Definition Dirty Float:
- Examples A system of floating exchange rates in which a government may intervene to change the direction of the value of the country's currency depository trust company (dtc) explain.
- Definition Differential Swap:
- Examples Swap between two LIBOR rates of interest, e.g., yen LIBOR for dollar LIBOR Payments are in one currency depository trust company (dtc) what is.
- Definition Downtick:
- Examples Move down in a particular stock. On U.S. stock exchanges, you cannot sell a stock short on a downtick depository trust company (dtc) meaning.
- Definition Dedicated Capital:
- Examples Total par value (number of shares issued, multiplied by the par value of each share). Also called dedicated value depository trust company (dtc) abbreviation.
