Deposit At Custodian (DWAC)

Deposit At Custodian (DWAC),

Deposit At Custodian (DWAC):

  • Concentration Deposit / Return (DWAC) is a form of electronic transfer of a new share or certificate of paper distribution to a Depository Trust Company (DTC) using a Fast Automated Securities Service Transfer Agent (FAST) as a distribution point. There is a way. DWAC is one of two types of transmission between broker / dealer and DTC, the other is direct record system (DRS) method. Both allow investors to keep securities on the transfer agent's books in a registered form rather than in a physical form. DRSD differs from WAC in that DRS shares are issued and stored electronically in the transfer agent's books.

    • DWAC is a method of transferring a certificate between a broker / dealer and a Depository Trust Corporation (DTC) using Fast.
    • It has the advantage of speeding up processing and minimizing damage or damage to inventory (as in electronic format).

Literal Meanings of Deposit At Custodian (DWAC)

Deposit:

Meanings of Deposit:
  1. Usually informally drop or drop (something or someone) at a particular place.

  2. Save it or give it to someone who will keep it.

  3. Usually the amount of money deposited or kept in a bank account to earn interest.

  4. The first installment to be paid on the purchase of an item or as a guarantee of a contract, the remaining amount should be paid later.

  5. Layers or bodies of accumulated matter.

  6. Putting something in a special place.

Sentences of Deposit
  1. Place a stack of books on the kitchen table

  2. A safe place where guests can keep valuables

  3. Money that is a substitute for a bank deposit or mortgage loan.

  4. We save a lot to pay for the house

  5. Chromium salt deposits

  6. Submitting an article in a library does not guarantee copyright protection.

Synonyms of Deposit

down payment, set down, instalment, prepayment, sediment, put, lay, unload, security, pledge, part payment, rest, lay down, place, settle, sublimate, accumulation, advance payment, set, sit, retainer, put down, stake

At:

Meanings of At:
  1. Describe the location or arrival at a particular location.

  2. Disclosure when an event occurs.

  3. Select a specific point or class on the scale.

  4. Expresses a particular condition or condition.

  5. Express objects with looks, gestures, ideas, actions or plans.

  6. It reflects the way things are done.

  7. Lao currency unit, equal to one hundredth of a cup.

  8. The chemical element austenite.

Sentences of At
  1. They live in a corner house

  2. At nine o'clock the children go to bed

  3. Prices from 18,500

  4. It is very harmful for them

  5. I checked my watch

  6. Danger the prison guards with a knife

Custodian:

Meanings of Custodian:
  1. Someone who is in charge or who cares about something.

Sentences of Custodian
  1. Protector of pension and insurance funds

Synonyms of Custodian

superintendent, curator, overseer, guardian, conservator, keeper