What is real estate underwriting? When an individual or business entity seeks funding for a real estate project or purchase, the loan request is scrutinized by an underwriter to determine how much risk the lender is willing to accept.
What is the 'Depository Trust Company - DTC'. The Depository Trust Company (DTC) is one of the world's largest securities depositories. The DTC, which was founded in 1973 and is based in New York City, is organized as a limited purpose trust company and provides safekeeping through electronic recordkeeping of securities balances. It also acts like a clearinghouse to process and settle trades in corporate and municipal securities.
The Network Access Code or NAC is a feature of Project 25 digital radios similar to CTCSS or DCS for analog radios. That is, radios can be programmed to only break squelch when receiving the correct NAC. NACs are programmed as a 3 digit hexadecimal code that is broadcast along with the digital signal being transmitted.