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Federal Deposit Insurance Corporation

American  

noun

  1. a public corporation, established in 1933, that insures, up to a specified amount, all demand deposits of member banks. FDIC


Federal Deposit Insurance Corporation Cultural  
  1. A federal agency that insures deposits in the savings accounts of qualifying banks.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The Federal Deposit Insurance Corporation covers deposits up to $250,000.

From MarketWatch • Jan. 5, 2026

You could just keep your dollars in dollars, and as long as they’re in a bank, the Federal Deposit Insurance Corporation will make sure you get it back.

From Slate • May 21, 2025

These boxes can hold important documents, family keepsakes, pictures and other important items, according to the Federal Deposit Insurance Corporation.

From Los Angeles Times • Jan. 23, 2025

Synapse isn’t a bank, so its regulation is not handled by the Federal Reserve or the Federal Deposit Insurance Corporation.

From Seattle Times • May 22, 2024

The Federal Deposit Insurance Corporation insures all depositors for deposits up to twenty thousand dollars now.

From Damned If You Don't by Dongen, H. R. van

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