resolution trust corporation

Resolution Trust Corporation. A federal agency established to act as a receiver for insolvent federal savings-and-loan associations and to transfer or liquidate those associations’ assets. • The agency was created when the Federal Savings and Loan Insurance Corporation was abolished in 1989. — Abbr. RTC. See FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION. [Cases: Building and Loan Associations 42(6). C.J.S. Building and Loan Associations, Savings and Loan Associations, and Credit Unions §§ 131, 133, 141.]

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词条贡献者

资深译员Ting，世界知名语言学院法律英语专业，专注翻译各种与专业责任纠纷有关的法律文件。