Tag: Glossary

Legal entity that has the power to issue and distribute a security. Issuers include corporations, municipalities, foreign and domestic governments and their agencies, and investment trusts.

A share of a company bound by a trust deed issued in registered form, formed to invest in specific types of securities. Shares in an investment trust can usually be bought and sold only through the stock exchange. These are sometimes referred to as ‘closed-end’ funds.

An entity responsible for communicating instructions regarding account transactions on behalf of end-investors to ensure authorized transactions are performed correctly and that the accounts are properly maintained and reported to the end- investor. An entity’s status as an investment manager is not affected by the entity’s responsibility, or lack thereof, for making investment decisions.

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.