PTC definition

PTC means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.
PTC means the production tax credit established pursuant to Section 45 of the United States Internal Revenue Code of 1986.
PTC means a power trading company, which is an electricity trader who has been granted a license to undertake trading in electricity under Section 12 of the Electricity Act, 2003.

Examples of PTC in a sentence

  • The credit analyst looks at ageing (i.e. how long the loan has been with the originator before securitization) as one way of judging the performance potential of the PTC.

  • An analysis of the originator is especially important in case of retail loans as this affects the credit quality and servicing of the PTC.

  • An analysis of the originator is especially important in case of retail loans as the size and reach affects the credit quality and servicing of the PTC.

  • The credit analyst looks at ageing (i.e. how long the loan has been with the originator before securitization) as one way of evaluating the performance potential of the PTC.

  • These may include interest subvention (difference in interest rates on the underlying loans and the PTC serving as margin against defaults), overcollateralization (issue of PTCs of lesser value than the underlying loans, thus even if some loans default, the PTC continues to remain protected), presence of an equity / subordinate tranche (issue of PTCs of differing seniority when it comes to repayment - the senior tranches get paid before the junior tranche) and / or guarantees.


More Definitions of PTC

PTC means Participants Trust Company, a New York limited purpose trust company.
PTC means a renewable electricity production credit within the meaning of Code Section 45 or any successor to such section.
PTC means the renewable energy production tax credit pursuant to Section 45 of the
PTC means PVUSA test Conditions. "PV" means photovoltaic.
PTC means production tax credits under Section 45 of the Code.
PTC means Pacific Thomas Corporation.