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.
Nearby TermsEDGAR (Electronic Data Gathering and Retrieval) EDGAR Electronic Data Gathering, Analysis and Retrieval System Edge Act corporation Edge corporations EDI
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University