Noun
a federally sponsored corporation that insures accounts in national banks and other qualified institutions
Source: WordNetKelly was later banned from working in the banking sector for life by the Federal Deposit Insurance Corporation and faced $125,000 in fines. Source: Internet
Prior to final acceptance of a bid, the list of requirements states that the vendor will set up an escrow-secured guarantee by placing $50,000 into an escrow account at an institution backed by the Federal Deposit Insurance Corporation (FDIC). Source: Internet
Management of the Federal Deposit Insurance Corporation. Source: Internet
Some digital banks encourage savings via the Federal Deposit Insurance Corporation bank behind them. Source: Internet
The Notes are not equivalent to a deposit or other bank account and are not insured by the Federal Deposit Insurance Corporation or any other insurance. Source: Internet
President Roosevelt merged the RFC and the Federal Deposit Insurance Corporation (FDIC), which was one of the landmarks of the New Deal. Source: Internet