|Depository transfer check (DTC)|
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Definition of Depository transfer check (DTC)
Depository transfer check (DTC)
check made out directly by a local bank to a particular firm or person.
Depository Trust Company (DTC)
dtc is a user-owned securities depository which accepts deposits of
Electronic depository transfers
The transfer of funds between bank accounts through the Automated
International Depository Receipt (IDR)
A receipt issued by a bank as evidence of ownership of one or more
A book-entry depository for GNMA securities. The depository was initially operated by
Official unrequited transfers
Include a variety of subsidies, military aid, voluntary cancellation of debt,
Preauthorized checks (PACs)
hecks that are authorized by the payer in advance and are written either by
Private unrequited transfers
Refers to resident immigrant workers' remittances to their country of origin as
ndividual or institution appointed by a company to look after the transfer of securities.
The price at which one unit of a firm sells goods or services to another unit of the same firm.
Transferable put right
An option issued by the firm to its shareholders to sell the firm one share of its
A check issued by a bank to make a payment. Treasurer's checks outstanding are counted
Items in the current account of the balance of payments of a country's accounting books
The price at which goods or services are bought and sold within divisions of the same organization, as opposed to an arm’s-length price at which sales may be made to an external customer.
negotiated transfer price
an intracompany charge for goods
an internal charge established for the exchange
the time consumed by moving products or
The price at which one part of a company sells a product or service to
The cost that a product accumulates during its tenure in another
A grant or gift that is not payment for services rendered.
A transaction to move inventory from one storage bin to another.
The movement of inventory from one company location to
EFT (electronic funds transfer)
Funds which are electronically credited to your account (e.g. direct deposit), or electronically debited from your account on an ongoing basis (e.g. a pre-authorized monthly bill payment, or a monthly loan or mortgage payment). A wire transfer is a form of EFT.
An electronic transmission of money from one place to another. For example, you might request that your bank transfer money from your bank account in Vancouver to the account of a relative in Quebec City. To do this, you would provide the relative’s name and account number, as well as the address of the bank in Quebec City. Your bank would then "wire" the funds, which would usually arrive within a couple of days.
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