DTC definition: Copy, customize, and use instantly
Introduction
The term "DTC" stands for the Depository Trust Company, which is a central securities depository in the United States. It plays a critical role in the clearance and settlement of securities transactions, providing services to reduce risks and increase efficiency in the securities market. It is essential for ensuring timely and secure transfer of securities and facilitating the handling of electronic transactions in various financial markets.
Below are various examples of how "DTC" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "DTC" as a securities depository
This definition ties "DTC" to its role as a central depository for securities.
"DTC" means the Depository Trust Company, a clearing agency that holds securities in electronic form and facilitates the settlement of securities transactions in the United States.
Definition of "DTC" as a settlement system
This definition connects "DTC" to its function as a settlement system for securities.
"DTC" refers to the Depository Trust Company, which operates as a settlement system for the clearance and delivery of securities transactions in the U.S. financial markets.
Definition of "DTC" as an electronic securities transfer agent
This definition links "DTC" to its role as an electronic securities transfer agent.
"DTC" means the Depository Trust Company, the institution responsible for facilitating the electronic transfer, safekeeping, and settlement of securities for participants in the U.S. securities market.
Definition of "DTC" as a participant-driven clearinghouse
This definition applies "DTC" to its role as a participant-driven clearinghouse.
"DTC" refers to the Depository Trust Company, a participant-driven clearinghouse that provides the infrastructure for the settlement of trades and the transfer of securities between financial institutions.
Definition of "DTC" as a central securities depository in securities transactions
This definition ties "DTC" to its role in securities transactions.
"DTC" means the Depository Trust Company, which acts as a central securities depository facilitating the clearance and settlement of securities trades, ensuring the efficiency and security of transactions in the financial markets.
Definition of "DTC" as a clearing agency
This definition connects "DTC" to its role as a clearing agency.
"DTC" refers to the Depository Trust Company, which functions as a clearing agency responsible for the confirmation, settlement, and delivery of securities transactions within the U.S. financial system.
Definition of "DTC" as an entity managing securities processing
This definition links "DTC" to its role in managing securities processing.
"DTC" means the Depository Trust Company, an organization that manages the electronic processing of securities transactions, including trade settlement and asset servicing.
Definition of "DTC" as a financial market infrastructure provider
This definition applies "DTC" to its role as a financial market infrastructure provider.
"DTC" refers to the Depository Trust Company, a financial market infrastructure provider that offers critical services such as the electronic settlement and safekeeping of securities.
Definition of "DTC" as the provider of electronic trade settlement services
This definition ties "DTC" to its role in electronic trade settlement.
"DTC" means the Depository Trust Company, which provides electronic trade settlement services for U.S. securities, ensuring the seamless transfer of ownership of securities between buyers and sellers.
Definition of "DTC" as a participant in the securities industry
This definition connects "DTC" to its role as a participant in the securities industry.
"DTC" refers to the Depository Trust Company, a significant participant in the securities industry that facilitates the centralized clearing and settlement of securities trades.
Definition of "DTC" as a custodian for securities
This definition links "DTC" to its role as a custodian for securities.
"DTC" means the Depository Trust Company, which acts as a custodian for securities, holding securities in book-entry form and facilitating their transfer between parties.
Definition of "DTC" as a service provider in securities markets
This definition applies "DTC" to its role as a service provider.
"DTC" refers to the Depository Trust Company, a service provider in the securities markets that offers clearing, settlement, and custodial services for securities transactions.
Definition of "DTC" as a clearinghouse for financial institutions
This definition ties "DTC" to its role as a clearinghouse for financial institutions.
"DTC" means the Depository Trust Company, which acts as a clearinghouse for financial institutions by facilitating the secure transfer of securities between counterparties.
Definition of "DTC" as the primary clearing and settlement body in the U.S.
This definition connects "DTC" to its role as the primary clearing and settlement body.
"DTC" refers to the Depository Trust Company, which serves as the primary clearing and settlement body for securities transactions in the U.S. markets.
Definition of "DTC" as the provider of securities services
This definition links "DTC" to its role as a provider of securities services.
"DTC" means the Depository Trust Company, which provides a comprehensive range of securities services, including the clearance and settlement of securities trades, safekeeping of assets, and the facilitation of electronic transfers.
Definition of "DTC" as the central entity for securities transactions
This definition applies "DTC" to its central role in securities transactions.
"DTC" refers to the Depository Trust Company, the central entity for securities transactions that facilitates the processing, settlement, and transfer of securities on behalf of market participants.
Definition of "DTC" as a provider of settlement and clearing infrastructure
This definition ties "DTC" to its role in providing settlement and clearing infrastructure.
"DTC" means the Depository Trust Company, which provides settlement and clearing infrastructure for securities markets, ensuring that securities transactions are processed securely and efficiently.
Definition of "DTC" as an organization enabling market efficiency
This definition connects "DTC" to its role in enabling market efficiency.
"DTC" refers to the Depository Trust Company, which plays a vital role in enabling market efficiency by providing centralized services for the clearance, settlement, and safekeeping of securities.
Definition of "DTC" as an organization ensuring secure transaction processing
This definition links "DTC" to its role in ensuring secure transaction processing.
"DTC" means the Depository Trust Company, an organization that ensures secure processing of transactions, safeguarding the integrity and accuracy of securities trades.
Definition of "DTC" as a centralized securities clearinghouse
This definition ties "DTC" to its role as a centralized securities clearinghouse.
"DTC" means the Depository Trust Company, a centralized securities clearinghouse that facilitates the clearance and settlement of securities transactions in the U.S.
Definition of "DTC" as a provider of book-entry services
This definition connects "DTC" to its provision of book-entry services.
"DTC" refers to the Depository Trust Company, which provides book-entry services for securities, eliminating the need for physical certificates.
Definition of "DTC" as the administrator of securities settlements
This definition links "DTC" to its administrative role in securities settlements.
"DTC" means the Depository Trust Company, which administers securities settlements by electronically transferring ownership of securities.
Definition of "DTC" as the electronic settlement system for securities
This definition applies "DTC" to its role as an electronic settlement system.
"DTC" refers to the Depository Trust Company, which operates as the primary electronic settlement system for securities transactions in the U.S.
Definition of "DTC" as a financial market infrastructure entity
This definition ties "DTC" to its role as a financial market infrastructure entity.
"DTC" means the Depository Trust Company, a financial market infrastructure entity that provides clearance, settlement, and safekeeping of securities.
Definition of "DTC" as a provider of settlement services for investment firms
This definition connects "DTC" to its provision of settlement services for investment firms.
"DTC" refers to the Depository Trust Company, which offers settlement services for investment firms, ensuring the secure transfer of securities.
Definition of "DTC" as the custodian of securities for market participants
This definition links "DTC" to its role as the custodian of securities for market participants.
"DTC" means the Depository Trust Company, which acts as the custodian of securities, holding securities in book-entry form and managing their transfer.
Definition of "DTC" as the entity overseeing securities transactions in the U.S.
This definition applies "DTC" to its oversight role in U.S. securities transactions.
"DTC" refers to the Depository Trust Company, which oversees the clearance and settlement of securities transactions in the U.S. financial markets.
Definition of "DTC" as the organization responsible for reducing settlement risk
This definition ties "DTC" to its role in reducing settlement risk.
"DTC" means the Depository Trust Company, which is responsible for reducing settlement risk by ensuring efficient and secure securities transactions.
Definition of "DTC" as the entity providing services for securities trading
This definition connects "DTC" to its provision of services for securities trading.
"DTC" refers to the Depository Trust Company, which provides clearing, settlement, and custody services for securities trading.
Definition of "DTC" as the intermediary in securities transactions
This definition links "DTC" to its role as an intermediary in securities transactions.
"DTC" means the Depository Trust Company, which acts as an intermediary facilitating the transfer and settlement of securities transactions.
Definition of "DTC" as the securities processing agent for institutions
This definition applies "DTC" to its role as the securities processing agent for institutions.
"DTC" refers to the Depository Trust Company, which serves as the securities processing agent for financial institutions, handling the clearance and settlement of securities trades.
Definition of "DTC" as the primary mechanism for securities delivery
This definition ties "DTC" to its role as the primary mechanism for securities delivery.
"DTC" means the Depository Trust Company, which is the primary mechanism for the electronic delivery of securities within the U.S. market.
Definition of "DTC" as a facilitator of securities ownership transfer
This definition connects "DTC" to its role in facilitating securities ownership transfer.
"DTC" refers to the Depository Trust Company, which facilitates the transfer of securities ownership between parties in the U.S. financial markets.
Definition of "DTC" as the organization handling securities trade settlements
This definition links "DTC" to its role in handling securities trade settlements.
"DTC" means the Depository Trust Company, which handles the settlement of securities trades, ensuring the final transfer of ownership between buyer and seller.
Definition of "DTC" as a centralized service provider for financial institutions
This definition applies "DTC" to its role as a centralized service provider.
"DTC" refers to the Depository Trust Company, a centralized service provider offering a range of services, including securities clearing, settlement, and custodial services.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.