The financial definition for Domestic International Sales Corporation (DISC):
A US corporation that receives a tax incentive for export activities.
Similar Matches
Bank for International Settlements (BIS)
Bank for International Settlements (BIS) An international bank headquartered in Basel, Switzerland, which serves
as a forum for monetary cooperation among several European central banks,
the Bank of Japan, and the US
Federal Reserve System. Founded in 1930 to handle the German payment of World War I reparations, it now monitors and collects data on international
banking activity and promulgates rules concerning international bank regulation.
International arbitrage Simultaneous buying and selling of foreign securities and ADRs
to capture the profit potential created by
time, currency, and settlement inconsistencies
that vary across international borders.