Значение слова "EDGE ACT CORPORATION" найдено в 3 источниках

EDGE ACT CORPORATION

найдено в "Англо-русском экономическом словаре"

банк., амер. корпорация, созданная на основе закона [согласно закону\] Эджа*; корпорация по соглашению*, корпорация на основе соглашения* (корпорация, созданная на уровне штата для осуществления международных банковских операций и действующая в рамках закона Эджа, т. е. действующая только на международном рынке и не принимающая депозитов и не осуществляющая кредитования на внутреннем рынке, но подпадающая под более мягкие требования относительно величины капитала)

Syn:

Edge corporation, agreement corporation

See:

Edge Act, Edge Act, Bank Export Services Act, Regulation K

* * *

корпорация Эджа

..Словарь экономических терминов.

найдено в "Investment dictionary"

Edge Act Corporation: translation

A banking institution with a special charter from the U.S. Federal Reserve to conduct international banking operations and certain other forms of business without complying with state-by-state banking laws. By setting up or investing in Edge Act corporations, U.S. banks are able to gain portfolio exposure to financial investing operations not available under standard banking laws.

Edge Act corporations have gone through structural changes since they were first implemented in 1919. Economies, and therefore financial institutions, are much more international today, and many of the restrictions once in place limiting foreign banking activity have since been relaxed. Edge Act revisions in 1984 allowed companies engaged in international business, such as trading and shipping firms, and international airlines, to provide full banking services, including taking deposits and granting loans. The Federal Reserve retains the right to monitor ownership of these corporations and their future investment and business activities.

найдено в "Financial and business terms"

Edge Act corporation: translation

corporation chartered by the Federal Reserve to engage in international banking. The Board of Governors acts on applications to establish Edge Act corporations and also examines the corporations and their subsidiaries. Named after Senator Walter Edge of New Jersey, who sponsored the original legislation to permit formation of such organizations. See also: agreement corporation. Bloomberg Financial Dictionary

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