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Domestic International Sales Corporation (DISC)

The financial definition for Domestic International Sales Corporation (DISC):

A US corporation that receives a tax incentive for export activities.




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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.


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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.


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Domestic International Sales Corporation (DISC)
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