noun
Japan Securities Depository Center, Inc.
Official name of the Japanese central securities depository; often referred to by its abbreviation ほふり (Hofuri).
証券保管振替機構は、日本の証券決済制度の中核を担っている。
The Japan Securities Depository Center plays a central role in Japan's securities settlement system.
Common abbreviation for 証券保管振替機構, used in financial contexts and news.
Compound of 証券 (securities), 保管 (custody), 振替 (transfer), and 機構 (organization). The name describes its function as a central securities depository.