a public corporation, established in 1933, that insures, up to a specified amount, all demand deposits of member banks. Abbreviation: FDIC
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How to use Federal Deposit Insurance Corporation in a sentence
Four days later, the Federal Deposit Insurance Corporation shut down Montgomery Bank & Trust.First Rule of the Fake Dead Bankers Club: Stay Gone | Daniel Gross | January 3, 2014 | THE DAILY BEAST
Check out the data (PDF) from the Federal Deposit Insurance Corporation.Banks Really Are Different Five Years After the Financial Crisis | Daniel Gross | September 17, 2013 | THE DAILY BEAST
Cultural definitions for Federal Deposit Insurance Corporation
A federal agency that insures deposits in the savings accounts of qualifying banks.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.