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Federal Deposit Insurance Corporation

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

  1. 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.

Check out the data (PDF) from the Federal Deposit Insurance Corporation.

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