Federal Deposit Insurance Corporation (FDIC)

Definition of "Federal Deposit Insurance Corporation (FDIC)"
  1. A U.S. agency assuring the security of bank deposits and minimizing the economic impact of bank failures
How to use "Federal Deposit Insurance Corporation (FDIC)" in a sentence
  1. If the bank fails, the Federal Deposit Insurance Corporation (FDIC) will cover the losses of the depositors.
  2. To protect their investment, they chose a bank insured by the Federal Deposit Insurance Corporation (FDIC).
  3. The rules and regulations of the Federal Deposit Insurance Corporation (FDIC) play a pivotal role in maintaining stability in the financial system.
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