what is dtc

1 year ago 68
Nature

DTC can refer to different things depending on the context. Here are some possible meanings:

  1. Depository Trust Company: DTC is a subsidiary of the Depository Trust & Clearing Corporation (DTCC) that provides clearing and settlement services for securities traded in the US National Market System. DTCs core services include securities movements for net settlements, settlement for institutional trades, and custody of more than 1.4 million active securities issues valued at US$87.1 trillion.

  2. Direct-to-consumer: DTC is a sales strategy where manufacturers and consumer packaged goods (CPG) brands sell their products directly to their customers, bypassing traditional retailers and wholesalers. DTC brands can be digitally native or established brands that shift to DTC models to cut out middlemen and sell directly to the end customer.

  3. Diagnostic Trouble Code: DTC is a type of code used by a vehicle's onboard diagnostics (OBD) system to alert the driver to a specific problem with some aspect of the vehicle. DTC codes help pinpoint the location of the specific system experiencing the problem, and they typically consist of four or five characters.

It's important to note that DTC can have other meanings depending on the context, but these are some of the most common ones.