National Securities Clearing Corporation (NSCC)

National Securities Clearing Corporation (NSCC),

National Securities Clearing Corporation (NSCC) Definition:

  • The National Securities Clearing Corporation (NSCC) is a subsidiary of the Depository Trust and Clearing Corporation (DTCC), which provides centralized settlement, risk management, information and settlement services to the financial sector.

    • Established in 1976, the National Securities Clearing Corporation (NSCC) is a subsidiary of the Depository Trust and Clearing Corporation (DTCC).
    • NSCC acts as a seller for buyers and sellers anywhere in the financial industry for transactions in the US market.
    • The organization offers processing services for the financial sector, as well as centralized settlement, reporting and risk management.
    • NSCC offers multidimensional clearance that allows brokers to combine long and short positions into payment obligations.

Literal Meanings of National Securities Clearing Corporation (NSCC)

National:

Meanings of National:
  1. About the same nation or characteristics of the whole nation.

  2. Citizens of some countries who are generally entitled to a passport from that country.

  3. National competitions or tournaments.

Sentences of National
  1. This policy may be in the national interest

  2. A German citizen

Synonyms of National

public, federal, resident, native, citizen, state, subject, governmental, inhabitant

Securities:

Meanings of Securities:
  1. Danger or danger-free state.

  2. Items are held or pledged for the fulfillment of debt obligations and repayments, which are forfeited in the default condition.

  3. A certificate that proves the credibility, ownership of the bonds, ownership of the person deriving the dialogue.

Sentences of Securities
  1. This system provides maximum protection against toxic emissions

  2. This price is used as a suicide attack for prices until the claims are closed.

  3. The new rules also make donations of mutual funds, stocks, bonds and other securities more attractive.

Synonyms of Securities

preventive, guard, guarantee, screen, precaution, equities, shelter, shares, protection, cover, surety, collateral, security, defence, securities, investments, indemnity, insurance, holdings, bonds, buffer, prophylactic, pledge, bond, safety measure, provision

Clearing:

Meanings of Clearing:
  1. An open space in the forest, especially one that was opened for cultivation.

  2. The university uses the remaining available space to fill the university before the start of the school year.

Sentences of Clearing
  1. Deforestation and deforestation also provide good habitat for western blue birds.

Synonyms of Clearing

opening, space, dell, gap, glade

Corporation:

Meanings of Corporation:
  1. A company or group of people that has the authority to act as the sole (legal entity) and is thus legally recognized.

Sentences of Corporation
  1. Most lenders are large companies and insurance companies.

Synonyms of Corporation

business, guild, multinational, multiple, agency, trust, federation, syndicate, bureau, house, conglomerate, consortium, concern, company, institution, office, operation, organization, partnership, group, combine, firm, chain