Financial Definition of Depository Trust Company (Dtc)
Meaning of Depository Trust Company (Dtc)
DTC is a user-owned securities depository which 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.
Legal Definition of Depository Trust Company (Dtc)
A central securities certificate depository through which members effect security deliveries between each other via computerized bookkeeping entries thereby reducing the physical movement of stock certificates.
Related Entries of Depository Trust Company (Dtc) in the Encyclopedia of Law Project
Browse or run a search for Depository Trust Company (Dtc) in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Depository Trust Company (Dtc) in Historical Law
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Legal Abbreviations and Acronyms
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