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What does MCA stand for?

MCA stands for Monetary Control Act

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

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Other Resources:
We have 623 other meanings of MCA in our Acronym Attic

Samples in periodicals archive:

The Monetary Control Act of 1980 requires that the Board establish fees for priced services provided to depository institutions to recover, over the long run, all direct and indirect costs actually incurred as well as imputed costs that would have been incurred, including financing costs, taxes, and certain other expenses, and the return on equity (profit) that would have been earned if a private business firm provided the services.
In March 1980, the Depository Institutions Deregulation and Monetary Control Act (the Monetary Control Act) was passed which phased out interest rate ceilings and reduced reserve requirements on all types of accounts.
On March 31, 1980, President Carter signed the Depository Institutions Deregulation and Monetary Control Act into law.