Resolution Trust Corporation (RTC)

Resolution Trust Corporation (RTC),

Definition of Resolution Trust Corporation (RTC):

  1. The RTC closed failed financial institutions placed in conservatorship by selling or merging troubled thrifts and folding their assets back into the Federal Deposit Insurance Corporation (FDIC). The RTC accomplished its work in roughly six years, slowly at first, but then by selling pools of assets at heavy discounts to private investors, which allowed the RTC to participate in any future market gains from those pools.

  2. The congressional corporation established for the purpose of containing, managing, and selling failed financial institutions, thereby recovering taxpayer funds.

  3. The Resolution Trust Corporation (RTC) is a now-defunct temporary federal agency. From 1989 to 1995, it largely resolved the savings and loan (S&L) crisis of the 1980s, which resulted in about a third of such U.S. institutions failing within a 10-year span. The RTC became a massive property-management company, cleaning up what was, at the time, the largest collapse of U.S. financial institutions since the Great Depression.

Meaning of Resolution Trust Corporation (RTC) & Resolution Trust Corporation (RTC) Definition

Resolution Trust Corporation (RTC),

Resolution Trust Corporation (RTC) Meanings:

A simple definition of Resolution Trust Corporation (RTC) is: The Resolution Trust Corporation (RTC) is a temporary federal agency that has disappeared. From 1989 to 1995, the majority resolved the savings and debt (S&L) crisis of the 1980s, which bankrupted one-third of these US institutions over a 10-year period. RTC had become a major property management company that ended it when it was the biggest collapse of US financial institutions since the Great Depression.

Literal Meanings of Resolution Trust Corporation (RTC)

Resolution:

Meanings of Resolution:
  1. A firm decision to do or not to do something.

  2. Specific or complete quality.

  3. Resolve issues, disputes or disputes.

  4. The process of breaking or breaking something into its components.

  5. The smallest range that can be measured with scientific instruments (especially optical) is the power of separation.

  6. Convert an abstract to something else.

Sentences of Resolution
  1. He decided that he would never see her again

  2. Resolutely won the last French war

  3. Peaceful resolution of all disputes

  4. The atomic soluble acetylcholine binding site contains five aromatic amino acids.

  5. The new height will increase the resolution of measurements that Cassini instruments can enlarge almost six times with Enceladus.

Synonyms of Resolution

aspiration, single-mindedness, solution to, object, purposefulness, resoluteness, explanation to, answer to, design, firmness, decision, determination, fixity of purpose, end to, intentness, plan, resolve, will power, decidedness, intent, purpose, firmness of purpose, intention, strength of will, strength of character, aim

Trust:

Meanings of Trust:
  1. Someone's reliability, accuracy, skill or strength or firm belief in something.

  2. An arrangement in which a person (trustee) retains property as a nominal owner for the benefit of one or more beneficiaries.

  3. A large company that owns the market or wants to monopolize the market.

  4. A hope or expectation.

Sentences of Trust
  1. I should never have believed that

  2. It is forbidden to trust a sailor.

  3. Relationships should be based on trust

  4. A trust is established

  5. He aims to store the reformist rhetoric of the progressive era and turn his supporters into a man of money, monopoly and trust. Will use

  6. My master lives with confidence in a flood

  7. All the big secrets of femininity

Synonyms of Trust

have faith in, have every confidence in, place one's trust in, protection, put one's trust in, have confidence in, certainty, belief, freedom from suspicion, conviction, certitude, faith, pin one's hopes on, keeping, confidence, charge, reliance, custody, care, assurance

Corporation:

Meanings of Corporation:
  1. A company or group of people that is authorized as a unit (legally a person) and has such an identity legally.

Sentences of Corporation
  1. Most lenders are large companies, as well as insurance companies.

Synonyms of Corporation

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