A collection of assets (securities, real estate, currencies, commodities). Funds and other investment vehicles usually invest in asset pools.
Tag: Glossary
AMERICAN DEPOSITARY SHARE (ADS)
Negotiable securities certificate issued in the United States by transfer agents acting on behalf of foreign issuers, where the foreign issuers absorb part or all of the handling costs involved. The ADS should be reported, not the foreign securities held in custody.
AMERICAN DEPOSITARY RECEIPT (ADR)
Negotiable certificates, typically issued by a U.S.-resident company for securities (usually shares of stock) issued by a foreign corporation. The securities are backed by the foreign securities, which are held in a custodial account, either at the issuing bank or by an agent. The ADRs themselves may be held in U.S. or foreign banks. ADRs… Continue reading AMERICAN DEPOSITARY RECEIPT (ADR)
AFFILIATE
A foreign-resident affiliate is any foreign-resident entity for which the reporter owns 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 AFFILIATE
ADMINISTRATIVE AGENT
An institution responsible for administering a loan, acting on behalf of all lenders, and acting as a conduit for all payments in a loan syndication. An administrative agent should report drawn loan syndications to U.S. resident borrowers owed to foreign residents on the BL-2 (if dollar-denominated) or the BQ-2 (if foreign currency-denominated) (except when pooled… Continue reading ADMINISTRATIVE AGENT
WTO
An abbreviation for “World Trade Organization.”
World Intellectual Property Organization (“WIPO”)
A specialized agency of the United Nations that administers intellectual property matters of concern to the member States of the United Nations in order to ensure that the rights of creators and owners of intellectual property are protected worldwide and that inventors and authors are, thus, recognized and rewarded for their ingenuity.
Works of the Performing Arts
For purposes of copyright registration, the U.S. Copyright Office uses the term “works of the performing arts” to refer collectively to the following works of authorship: musical works, including any accompanying words; sound recordings; dramatic works, including any accompanying music; choreographic works; pantomimes; audiovisual works; and motion pictures. “This class includes all published and unpublished… Continue reading Works of the Performing Arts
Work made for hire
“A ‘work made for hire’ is— a work prepared by an employee within the scope of his or her employment; or a work specially ordered or commissioned for use as a contribution to a collective work, as a part of a motion picture or other audiovisual work, as a translation, as a supplementary work, as… Continue reading Work made for hire
Work of the United States Government
“A ‘work of the United States Government’ is a work prepared by an officer or employee of the United States Government as part of that person’s official duties.”