Tag: authority
Variable Rate Demand Bond
What is 'Variable Rate Demand Bond' A bond with floating coupon payments that are adjusted at specific intervals. The bond is payable...
Facilitating Payment
DefinitionA facilitating payment is a certain type of payment to foreign officials that is not considered to be bribery according to legislations of some...
Federal Communications Commission (FCC)
DefinitionThe Federal Communications Commission is an independent agency of the United States government created by statute to regulate interstate communications by radio, television, wire,...
Water Quality Improvement Act Of 1970
Water Quality Improvement Act Of 1970 What is 'Water Quality Improvement Act Of 1970 ' Legislation that expanded the federal government's...
Tax Exempt
What is tax exempt status
Tax-exempt status is a designation given by the Internal Revenue Service (IRS) to organizations that meet certain criteria. To be...
National Association of State Boards of Accountancy (NASBA)
What is 'National Association Of State Boards Of Accountancy - NASBA' A U.S. nonprofit group founded in 1908 that seeks to enhance...
Ultra Vires Acts
What is 'Ultra Vires Acts' Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside...
Undertakings For The Collective Investment Of Transferable Securities (UCITS)
What is the 'Undertakings For The Collective Investment Of Transferable Securities - UCITS' The Undertakings for the Collective Investment of Transferable Securities...
Abu Dhabi Investment Council (ADIC)
What is 'Abu Dhabi Investment Council - ADIC' A sovereign wealth fund owned by Abu Dhabi, the capital of the United Arab...
National Securities Markets Improvement Act (NSMIA)
What is 'National Securities Markets Improvement Act - NSMIA' Passed by the U.S. Congress in 1996, the NSMIA was an attempt to...