an entry that originally represented a check, in which the actual check is safe, kept by one of the financial institutions in the chain of deposit and the MICR information is converted to an electronic entry and processed through the ACH network back to the issuing institution. These items carry the Standard Entry Class code TRC.
An ACH entry which originally represented a check, in which the actual check is safekept by one of the financial institutions in the chain of deposit and the MICR information is converted to an electronic entry and processed through the ACH network back to the issuing institution. TRC is a Standard Entry Class Code.
Total Resource Cost Test. Measures the net benefit of a DSM program. from a perspective that includes both the ‘participants’ in the energy efficiency program, as well as the ‘non-participants’ who are not involved in the program.