Government Securities Clearing Corporation

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Government Securities Clearing Corporation

A subsidiary of the National Securities Clearing Corporation that provides clearing services for U.S. government securities. For example, the GSCC specializes in transactions such as those involving Treasury bonds.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Government Securities Clearing Corporation (GSCC)

A nonprofit organization that provides clearing and settlement of U.S. government securities. GSCC was established in 1986 as a subsidiary of the National Securities Clearing Corporation.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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