Resolution Trust Corporation (RTC): A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or merging them.

 

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Resolution Trust Corporation (RTC): A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them . . . View Full Definition

Quasi-Public Corporation: In the United States, quasi-public corporations have links to the federal government although they are technically in the private sector. This means that their managers and executives work f . . . View Full Definition

Range Resolution: The ability of radar to distinguish between targets on the same azimuth but at different ranges.

Qualified Plan Or Trust: A tax-deferred plan allowing employer and employee contributions that build up savings, which are paid out at retirement or on termination of employment. Tax is paid only when amounts are dr . . . View Full Definition

Qualified Domestic Trust (QDOT): If your spouse isn’t a US citizen and your estate is large enough to risk being vulnerable to estate taxes, you can use a qualified domestic trust (QDOT) to allow your spouse to enjoy the be . . . View Full Definition

Private Export Funding Corporation (PEFCO): Company that mobilizes private capital for financing the export of big-ticket items by U.S. firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers . . . View Full Definition

Real Estate Investment Trust (REIT): REITs are publicly traded companies that pool investors' capital to invest in a variety of real estate ventures, such as apartment and office buildings, shopping centers, medical facilities, . . . View Full Definition

Possessions Corporation: A type of corporation permitted under the U.S. tax code whose branch operation in a U.S. possession can obtain tax benefits as though it were operating as a foreign subsidiary.

Resolution Funding Corporation (Refcorp): A government agency established by Congress in 1989 to issue bailout bonds and raise funds for the activities of the Resolution Trust Corporation, as well as to administer struggling institu . . . View Full Definition

Revisionary Trust: An irrevocable trust that becomes a revocable trust after a certain amount of time.