resolution trust corporation

(RTC)
 U.S. government agency created in 1989 to address the Savings & Loan crisis. The RTC took over bankrupt S&Ls, merging some with financially sound banks and liquidating the assets of others.

American business jargon. 2014.

Look at other dictionaries:

  • Resolution Trust Corporation — The Resolution Trust Corporation (RTC) was a United States Government owned asset management company charged with liquidating assets (primarily real estate related assets, including mortgage loans) that had been assets of savings and loan… …   Wikipedia

  • Resolution Trust Corporation — A federal agency which succeeds the former Federal Savings and Loan Insurance Corporation (FSLIC) as conservator or receiver of federal savings and loan associations which became insolvent while insured by the FSLIC. One of agency s functions is… …   Black's law dictionary

  • RESOLUTION TRUST CORPORATION — (RTC) Трастовая корпорация для урегулирования, созданная США в 1989 г. при участии правительства, в соответствии с законом о спасении от банкротства (ссудо сберегательных ассоциаций) для объединения или ликвидации ссудо сберегательных институтов …   Финансово-инвестиционный толковый словарь

  • Resolution Trust Corporation — ( RTC) A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or merging them. Bloomberg Financial… …   Financial and business terms

  • Resolution Trust Corporation - RTC — A temporary federal agency established under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA), enacted on Aug. 9, 1989, to resolve the savings and loan (S L) crisis of the 1980s. The Resolution Trust Corporation (RTC) had… …   Investment dictionary

  • Resolution Funding Corporation — ( RefCorp, RFI) A government agency established by Congress in 1989 to issue bailout bonds and raise funds for the activities of the Resolution Trust Corporation, as well as to administer struggling institutions inherited from the disbanded… …   Financial and business terms

  • Resolution Funding Corporation - REFCORP — A mixed ownership government corporation established by Congress in 1989 in conjunction with the Resolution Trust Corporation (RTC). The two corporations were established to rescue savings and loan (S L) institutions that failed during the… …   Investment dictionary

  • Resolution — (entreprise) « Resolution » redirige ici. Pour les autres significations, voir Resolution (homonymie). Resolution (entreprise) …   Wikipédia en Français

  • corporation — cor·po·ra·tion /ˌkȯr pə rā shən/ n [Late Latin corporatio, from Latin corporare to form into a body, from corpor corpus body]: an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals… …   Law dictionary

  • Corporation — This article is about business corporations. For other uses, see Corporation (disambiguation). Corporate redirects here. For the Bollywood film, see Corporate (film). A corporation is created under the laws of a state as a separate legal entity… …   Wikipedia

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