the FDIC

the FDIC
the FDIC UK US noun BANKING, GOVERNMENT
ABBREVIATION for Federal Deposit Insurance Corporation: a government organization in the US that protects the money people put in a bank if the bank goes out of business: »

The FDIC criticized the bank for hazardous lending.


Financial and business terms. 2012.

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Look at other dictionaries:

  • FDIC — abbrFederal Deposit Insurance Corporation see also the important agencies section Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. FDIC …   Law dictionary

  • FDIC — FDIC, the the Federal Deposity Insurance Corporation a US government organization which exists to protect people s bank accounts. If your bank is a member of the FDIC and it cannot pay its debts, the FDIC will pay you the amount that you kept in… …   Dictionary of contemporary English

  • the Federal Deposit Insurance Corporation — UK US noun (ABBREVIATION the FDIC) BANKING, GOVERNMENT ► a financial organization within the US government that insures the money of people who save with banks and who belong to the organization: »The offer relied on the backing of the Federal… …   Financial and business terms

  • FDIC Insured Account — An account that meets the requirements to be covered or insured by the Federal Deposit Insurance Corporation (FDIC). An FDIC Insured Account has to be in a bank that is a participant of the FDIC program. The different accounts that can be FDIC… …   Investment dictionary

  • FDIC — noun a federally sponsored corporation that insures accounts in national banks and other qualified institutions • Syn: ↑Federal Deposit Insurance Corporation • Hypernyms: ↑corporation, ↑corp * * * See Federal Deposit Insurance Corporation. * * *… …   Useful english dictionary

  • FDIC Problem Bank List — A list of commercial banks in the U.S. that are considered to be in financial difficulty. The Federal Deposit Insurance Corporation (FDIC) issues this problem list quarterly based on liquidity, capital levels and asset quality. Only institutions… …   Investment dictionary

  • FDIC, the — [ ,ef di aı si ] the Federal Deposit Insurance Corporation: a U.S. organization that takes responsibility for paying you the money you have in your account if your bank is forced to stop doing business …   Usage of the words and phrases in modern English

  • (the) Federal Deposit Insurance Corporation — the Federal Deposit Insurance Corporation [the Federal Deposit Insurance Corporation] ; » ↑FDIC …   Useful english dictionary

  • FDIC — Logo der FDIC Die Federal Deposit Insurance Corporation (FDIC) ist ein, durch den Glass Steagall Act von 1933 ins Leben gerufener Einlagensicherungsfonds der Vereinigten Staaten. Inhaltsverzeichnis 1 Geschichte …   Deutsch Wikipedia

  • Federal Deposit Insurance Corporation - FDIC — The U.S. corporation insuring deposits in the U.S. against bank failure. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices. The FDIC will… …   Investment dictionary

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