EDGE CORPORATIONS - Specialized banking institutions, authorized and chartered by the Federal Reserve B...
EDI - See: Electronic Data Interchange
EDI PAYMENT - standard computer to computer transmission of a payment and related information ...
and foreign banking organizations to establish Edge corporations. It also examines Edge corporations and their subsidiaries.
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.
Edge corporations ...
A banking Edge corporation buys and sells notes, drafts, and bills of exchange, and basically complements the international banking activities of its parent bank. The International Banking Act of 1978 approved ownership of Edge corporations by ...
 See also: Banks, Federal reserve board, Expense, Funding, Net present value
  
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