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PCT
(redirected from per centum)

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.04 sec.

PCT

(Private Communications Technology) A protocol from Microsoft that provides secure transactions over the Web. See security protocol.



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The predecessor of sections 368(a)(1)(B) and (C) treated as a reorganization "the acquisition by one corporation in exchange solely for all or part of its voting stock: of at least 80 per centum of the voting stock and at least 80 per centum of the total number of shares of all other classes of stock of another corporation; or of substantially all the properties of another corporation.
Every Federal reserve bank shall maintain reserves in gold or lawful money of not less than thirty-five per centum against its deposits and reserves in gold of not less than forty per centum against its Federal reserve notes in actual circulation.
 
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