Advertising

Edge corporations

• Specialized banking institutions, authorized and chartered by the Federal Reserve Board in the U.S., which are allowed to engage in transactions that have a foreign or international character. They are not subject to any restrictions on interstate banking. Foreign banks operating in the U.S. are permitted to organize and own and Edge corporation.

 
 

Follow this link for all the terms related to ratio.

 
 Embedded terms in definition
 Corporation
Federal reserve board
Foreign
Reserve
Subject
U
 
 Related Terms
 Edge act corporation

<< Edge act corporation Effective annual interest rate >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish. - John Quincy Adams

Advertising



Copyright 2009-2018 GVC. All rights reserved.