What does TDC stand for?

Time Delay Closing

Time Delay Closing (TDC) in the Business & Finance sector refers to a contractual agreement where the completion of a transaction is intentionally postponed to a later date than initially planned. This delay can be due to various reasons such as regulatory approvals, due diligence processes, or the fulfillment of certain conditions precedent by the parties involved.

The strategic use of TDC allows businesses to manage risks associated with timing discrepancies in transactions, ensuring all parties have adequate time to meet their obligations. It is particularly relevant in mergers and acquisitions, where the complexity of deals often necessitates a flexible timeline to address unforeseen challenges and ensure a smooth transition.