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 Dialing For Dollars:
- Examples A term used to describe the practice of cold calling, but which has negative implications as it is frequently applied to salespeople selling speculative or fraudulent investments depository trust company (dtc) definition.
- Definition Distribution:
- Examples Selling a large lot of a security in such a way that the security price is not heavily influenced depository trust company (dtc) explain.
- Definition Down Round:
- Examples Refers to a round of venture capital financing that is raised at a lower firm valuation than the previous round depository trust company (dtc) what is.
- Definition Direct Participation Program:
- Examples An investment program enabling investors to directly participate in the cash_flow and tax benefits of the partnership invested in by the investor, typically a form of passive investment depository trust company (dtc) meaning.
- Definition Death-Backed Bonds:
- Examples Bonds backed by loans of a policyholder against a life insurance policy. The policyholder will repay the loans while alive or with the benefits from the insurance policy upon death depository trust company (dtc) abbreviation.
