GlossaryGuide

A set of asset and liability accounts, segregated on the books of the United States establishing entity. IBFs are permitted to hold only assets and liabilities of foreign residents, residents of Puerto Rico and United States territories and possessions, other IBFs, and United States and foreign offices of the establishing entity. (See Federal Reserve Regulation… Continue reading INTERNATIONAL BANKING FACILITIES (IBFS)

Insurance technical reserves are liabilities of the insurance companies to policyholders and beneficiaries which represent the amounts identified by insurance companies to account for the prepayment of insurance premiums and reserves for unpaid claims incurred but not yet paid. These reserves quantify the outstanding loss liabilities for insurance claims which have been reported and not… Continue reading INSURANCE TECHNICAL RESERVES

An individual or group of individuals that share a dwelling, that is, live and sleep in that dwelling most of the time, who pool some or all of their income and wealth, and who consume certain types of goods collectively, mainly housing and food. Business activities included in this sector are informal and do not… Continue reading HOUSEHOLD

The holder of record is the owner of a company’s securities as recorded on the books of the issuing company or its transfer agent as of a particular date. The term “holder of securities” in the TIC instructions also refers to the custodian holding on behalf of its clients. The content of the surrounding instructions… Continue reading HOLDER OF SECURITIES

Notes issued to one or more dealers that are represented by a single global note and are intended to be the backing for registered securities issued by the central security depository.

Contracts that represent agreements for future delivery of financial instruments in which the buyer agrees to purchase and the seller agrees to deliver, at a specified future date, a specified instrument at a specified price or yield. Futures contracts are standardized and are traded on organized exchanges. Derivatives are reportable ONLY on TIC Form D… Continue reading FUTURES

Pooled, separate and general investment accounts including the following institutional and private investors: private and public pension funds; mutual funds, country funds, exchange traded funds, unit investment trusts, collective-investment trusts, hedge funds, private funds, and any other similarly pooled, commingled investment fund.

Contracts that represent agreements for future delivery of financial instruments or commodities in which the buyer agrees to purchase and the seller agrees to deliver, at a specified future date, a specified commodity or instrument at a specified price or yield. Derivatives are reportable ONLY on TIC Form D Reports.

A custodian located outside the United States, including a foreign affiliate of a U.S. custodian. Reporters should determine the location of a custodian according to the country where the custodian is incorporated, or otherwise legally established, not according to the country of custodian’s parent firm, and not according to the location of the custodian’s operations… Continue reading FOREIGN-RESIDENT CUSTODIAN

Any foreign-resident entity for which the reporter owns, directly or indirectly, 10 percent or more of its voting equity (or the equivalent); or any foreign- resident “parent” company which owns 10 percent or more of the reporter’s voting equity (or the equivalent); or any foreign-resident company which is a subsidiary (50 percent or more owned)… Continue reading FOREIGN-RESIDENT AFFILIATE