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FDIC abbrFederal Deposit Insurance Corporation see also the important agencies section
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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abbrv.Federal Deposit Insurance Corporation.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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USAThe federal agency that preserves and promotes public confidence in the US financial system by insuring all deposit accounts at insured banks and savings associations, including checking and savings accounts, money market deposit accounts, certain individual retirement accounts (IRAs) and certificates of deposit up to the insurance limit of $250,000 (through December 31, 2013) per depositor. The limit increase is permanent for IRAs. The FDIC is responsible for:• Identifying, monitoring and addressing risks to the deposit insurance funds.• Limiting the effect on the economy and the financial system when a bank or thrift institution fails.The FDIC does not insure money invested in stocks, bonds, mutual funds, life insurance policies, annuities or municipal securities.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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Federal Deposit Insurance Corporation
Short Dictionary of (mostly American) Legal Terms and Abbreviations.