Deposit broker definition

Deposit broker means any person who is a deposit broker as defined in section 29(g) of the Federal Deposit In- surance Act (12 U.S.C. 1831f(g)).
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Deposit broker means any person who brings together with credit institutions, persons seeking to make deposits in return for a fee, commission or other reward.
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Deposit broker means any person who brings together with credit institutions persons
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Examples of Deposit broker in a sentence

  • Deposit broker means a person engaged in the business of placing deposits, or facilitating the placement of deposits, of third parties with financial institutions; or the business of placing funds with financial institutions for the purpose of selling interests in the deposit to third parties.(b) Limitation.

  • Deposit broker commissions are recognized immediately in net income.

  • Deposit broker (§ 230.2(k))A deposit broker is a person who is in the business of placing or facilitating the placement of deposits in an institution, as defined by section 29(g) of the Federal Deposit Insurance Act r12 USC § 1831f(g)) Fixed-rate account (§ 230.2(l))A fixed-rate account is an account for which the institution contracts to give at least 30 calendar days’ advance written notice of decreases in the interest rate.

  • Examples of Insurance Coverage Example 1: Partially InsuredScenario Deposit broker acting as agent.

  • Edge Act and Agree- ment corporations, and agencies of foreign institutions, are not depository institutions for purposes of this part.(k) Deposit broker.

  • At the time of move-in, Landlords typically require Tenants to pay their first month’s rent, Security Deposit, broker fees, application fees, or other move-in related charges.

  • On receipt of your instructions we will transmit orders on your behalf to one or more product producers with whom we hold a written appointment.As a Deposit broker we can advise you on your deposit options.

  • Comparing the domestic cabotage, Foreign Direct Investment (FDI) and related policies of India and US will show this ranking is not appropriate.

  • Deposit broker (§ 1030.2(k))A deposit broker is a person who is in the business of placing or facilitating the placement of deposits in an institution, as defined by section 29(g) of the Federal Deposit Insurance Act (12 U.S.C. §f(g)).


More Definitions of Deposit broker

Deposit broker means any person who brings together with credit institutions persons seeking to make deposits in return for a fee, commission or other reward. A deposit Broker may act for one or a number of credit institutions. The deposit Broker may not accept cash. All cheques must be made payable to the relevant credit institution.
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Deposit broker means a deposit broker that has signed an agency contract with ResMor Trust substantially in the form of ResMor Trust’s standard form agency contract.
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Deposit broker means any personwho is a deposit broker as defined in section 29(g) of the Federal Deposit Insurance Act (12 U.S.C. 1831f(g)).
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Deposit broker means any person who is a deposit broker as defined in12 CFR Ch. II (1–1–06 Edition)section 29(g) of the Federal Deposit In- surance Act (12 U.S.C. 1831f(g)).
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Related to Deposit broker

  • Seller’s Broker means CB Xxxxxxx Xxxxx.

  • Data Broker means either of the following:

  • Loan broker means any person who, for compensation or gain, or in the expectation

  • Deposit Bank has the meaning set forth in Section 7.1.

  • Introducing Broker means any financial institution or advisor or legal or natural person obtaining remuneration from the Company and/or Clients for introducing Clients/interested parties to the Company.

  • Authorized Broker means those Brokers which are authorized to deal in Government Securities.

  • Principal broker means a broker who is either a real estate proprietor, a partner in a real estate partnership, or an officer in a real estate corporation.

  • Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

  • Designated Broker means the financial services firm or other agent designated by the Company to maintain ESPP Share Accounts on behalf of Participants who have purchased shares of Common Stock under the Plan.

  • Approved Broker means Arrow, Xxxxx Xxxxxxxx Sales, Clarksons, Xxxx Xxxxxxxx, SSY Valuation Services, Maersk Brokers, XX Xxxxxx Shipbrokers and Fearnleys (or such subsidiary or other company in the same corporate group through which valuations are commonly issued) and, in the plural, means all of them;

  • Mortgage broker means any person who for compensation or

  • Commodity Broker means any person who engages in the business of effecting transactions in Commodity Contracts for the account of others or for his or her own account.

  • Participating Broker- Dealer: See Section 2(b) hereof. Person: An individual, trustee, corporation, partnership, limited liability company, joint stock company, trust, unincorporated association, union, business association, firm or other legal entity. Private Exchange: See Section 2(b) hereof.

  • Associate broker means a licensed broker who is employed by

  • Customs Broker means that individual, partnership, entity or corporation licensed by the Canada Border Services Agency, or other authorized body, to engage in the business of a customs broker and who is named as the Customs Broker in the Agency Agreement and Power of Attorney.

  • Surplus lines broker means a person licensed pursuant to Article 5.1 (§ 38.2-1857.1 et seq.) of this

  • Landlord’s Broker means the individual or corporate broker identified on the Basic Lease Information sheet as the broker for Landlord.

  • Deposit Taker means the licensed deposit taker detailed in the relevant Addendum.

  • Funding and Brokerage Fees means, in respect of a Series, all applicable fees other than the Arranger Fees, including, but not limited to, margin interest, securities lending fees, brokerage fees and costs of transaction taxes on the sale or purchase of Reference Assets (where relevant).

  • Real estate broker means an individual or business entity that, with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses of, lists or offers or attempts to list, or negotiates the purchase, sale, or exchange of real estate; that negotiates the mortgage of real estate; that negotiates for the construction of a building on real estate; that leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; that engages in property management as a whole or partial vocation; that sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or that, as owner or otherwise, engages in the sale of real estate as a principal vocation.

  • Insurance broker means an insurance brokerage firm,

  • Morgan Stanley Broker means a broker-dealer affiliated with Morgan Stanley.

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Tenant’s Broker means the individual or corporate broker identified on the Basic Lease Information sheet as the broker for Tenant.

  • Escrow Agent has the meaning set forth in Section 2.1(c).

  • inter-dealer bond broker means a person or company that is approved by the Investment Industry Regulatory Organization of Canada under its Rule No. 36 Inter-Dealer Bond Brokerage Systems, as amended, and is subject to its Rule No. 36 and its Rule 2100 Inter-Dealer Bond Brokerage Systems, as amended from time to time;