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Edge Act corporation

The financial definition for Edge Act corporation:

Corporation chartered by the Federal Reserve to engage in international banking. The Board of Governors acts on applications to establish Edge Act corporations and also examines the corporations and their subsidiaries. Named after Senator Walter Edge of New Jersey, who sponsored the original legislation to permit formation of such organizations. See also: agreement corporation.




Similar Matches

Affiliated corporation

Affiliated corporation
A corporation that is an affiliate to the parent company.


Alien corporation

Alien corporation
A company incorporated under the laws of a foreign country regardless of where the company conducts its operations.


Articles of incorporation

Articles of incorporation
Legal document establishing a corporation and its structure and purpose.


Further Suggestions

Clearing corporations
Closed corporation
Controlled foreign corporation (CFC)
Corporation
Domestic corporation
Domestic International Sales Corporation (DISC)
Edge corporations


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Edge Act corporation
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