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OCC

The financial definition for OCC:

See: Options Clearing Corporation




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Non Vessel Operating Common Carriers (NVOCC)

Non Vessel Operating Common Carriers (NVOCC)
An ocean carrier that does not own or operate their own vessels. They use less than full containerloads which they ship on actual ship lines. They issue their own bills of lading which are backed up by actual on board ocean bills of lading issued to them by the other carrier.


Options Clearing Corporation (OCC)

Options Clearing Corporation (OCC)
Applies to derivative products. Financial institution that is the actual issuer and guarantor of all listed option contracts.




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