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.
A noise reduction coefficient (NRC) is a single number that represents an average of the sound absorption coefficients in the 250 Hz, 500 Hz, 1000 Hz, and 2000 Hz octave bands. Detail of its calculation can be found in the ASTM C-423 standard.