FIDC definition

FIDC means a Fundo de Investimento em Diretos Creditórios – FIDC (receivables investment fund) organized, managed and operated according to CVM Instruction No. 356, dated as of December 17, 2001, as amended.
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FIDC means a Receivables Investment Fund (Fundo de Investimento em Direitos Creditórios), an investment fund legal structure established under Brazilian law designed specifically for investing in credit rights receivables. FIDCs (and quotas representing interests therein) are regulated by the rules and regulations of the CMN and the CVM; in particular Resolution No. 2,907/01 of the CMN, and CVM Instruction No. 356/01, as amended from time to time, including by CVM Instruction No. 489/11 and CVM Instruction No. 531/13.
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FIDC means Fundo de Investimento em Direitos Creditórios (Fund for Investment in Receivables), a type of investment fund established under Brazilian law composed of receivables.
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Examples of FIDC in a sentence

  • These institutions have committed to acquire senior quotas of this FIDC in an aggregate amount of R$200 million.

  • We also recognise income or loss from our holding of subordinated shares in the Schahin Cifra FIDC under "Financial intermediation revenues—Securities transactions" on our income statement.

  • Credit assignments to other financial institutions and the Schahin Cifra FIDC allow us to realize in cash the discounted value of the assigned loans and is a source of liquidity and funding for us.

  • Deposit Accounts may qualify for FIDC deposit insurance (“FIDC Insurance”) as permitted by Applicable Law.

  • Subordinated shares are repayable by the Schahin Cifra FIDC only after payment in full of all amounts due to holders of senior shares in this FIDC.

  • We do not use this method of accounting with respect to loans that we assign to FIDC Pine I, which is consolidated for purposes of our financial statements.

  • The results of FIDC Pine I are included in our consolidated income statement under the caption “lending operations,” which is included in income from financial intermediation.

  • Specifically, FIDC Pine I’s loan portfolio was included in our consolidated portfolio of credit operations, with the corresponding net financing, accounted for under “Borrowings and onlendings—domestic borrowings—other institutions,” of the balance of amounts that we have invested in subordinated quotas of this FIDC.

  • We are also required under the articles of association of the Schahin Cifra FIDC to hold subordinated shares in this FIDC for its duration.

  • Our shares in investment funds (excluding the Schahin Cifra FIDC) and shares in listed companies are marked to the price quoted by their respective fund manager and the average value of trades on the last business day of the month, respectively.


More Definitions of FIDC

FIDC has the meaning ascribed to it in Section ‎6.3.1.
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Related to FIDC

  • FIDIC means the Fédération Internationale des Ingénieurs-Conseils, the international federation of consulting engineers.

  • OWRA means the Ontario Water Resources Act, R.S.O. 1990, c. O.40, as amended;

  • HHI ’ means the Herfindahl-Hirschman Index, a commonly accepted measure of market concentration. It is calculated by squaring the market share of each firm competing in the market and then summing the resulting numbers. For example, for a market consisting of four firms with shares of thirty, thirty, twenty, and twenty percent, the HHI is 2600 (302 + 302 + 202 + 202 = 2600).

  • OSSTF means the Ontario Secondary School Teachers' Federation.

  • Raptor means all birds of the orders Falconiformes and Strigiformes, commonly called falcons,