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Resolution Trust Corporation: The organization created by FIRREA to liquidate the assets of failed savings and loan associations.

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

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

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.

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

Resolution: The amount of data used to make up a picture, screen, or audio track. The more data in a picture, the richer the image and the higher the resolution. Resolution is measured in a number of wa . . . View Full Definition