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Federal Deposit Insurance Corporation
noun
- a public corporation, established in 1933, that insures, up to a specified amount, all demand deposits of member banks. : FDIC
Federal Deposit Insurance Corporation
- A federal agency that insures deposits in the savings accounts of qualifying banks.
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Example Sentences
Four days later, the Federal Deposit Insurance Corporation shut down Montgomery Bank & Trust.
From The Daily Beast
Check out the data (PDF) from the Federal Deposit Insurance Corporation.
From The Daily Beast
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