Depository Trust & Clearing Corporation — Type Private Industry Finance Ge … Wikipedia
interest rate risk — ( IRR) The potential that changes in market rates of interest will reduce earnings and/or capital. The risk that changes in prevailing interest rates will adversely affect assets, liabilities, capital, income, and/or expense at different times or … Financial and business terms
CREST Depository Interest — ( CDI) Euroclear Clearing and Settlement glossary These are securities that are created in CREST and that are specifically related to an underlying international security held within another CSD and credited to the account of Euroclear UK Ireland … Financial and business terms
CREST Depository Interest — (CDI) These are securities that are created in CREST and that are specifically related to an underlying international security held within another CSD and credited to the account of Euroclear UK Ireland. CDIs are issued under UK law but the… … Euroclear glossary
Depository Institutions Deregulation and Monetary Control Act — The Depository Institutions Deregulation and Monetary Control Act, a United States federal financial statute law passed in 1980, gave the Federal Reserve greater control over non member banks. It forced all banks to abide by the Fed s rules. It… … Wikipedia
Depository Institutions Deregulation Committee – DIDC — A six member committee established by the Depository Institutions Deregulation and Monetary Control Act of 1980, which had the primary purpose of phasing out interest rate ceilings on deposit accounts by 1986. The six members of the Committee… … Investment dictionary
depository institution — A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions. Bloomberg Financial Dictionary * * * depository institution… … Financial and business terms
Interest rate risk — The risk that a security s value changes due to a change in interest rates. For example, a bond s price drops as interest rates rise. For a depository institution, also called funding risk, the risk that spread income will suffer because of a… … Financial and business terms
Depository Institutions Act of 1982 — A law passed by Congress with the intent of making savings and loan institutions more competitive. The best known of its many provisions was a section that enabled these so called thrifts to offer money market deposit accounts with no interest… … Investment dictionary
Depository Institutions Deregulation And Monetary Control Act — (DIDMCA) 1980 federal legislation that drastically changed banking rules, including gradual elimination of interest rate ceilings and restrictions on stock brokerage firms offering checking accounts. Among bankers it is referred to as the “1980… … American business jargon
Central Securities Depository — A Central Securities Depository (CSD) is an organization holding securities either in certificated or uncertificated (dematerialized) form, to enable book entry transfer of securities. In some cases these organizations also carry out centralized… … Wikipedia
