|
Federal Deposit Insurance Corporation
|
|
- pronunciation:
- fe
drl
dih
pa
zIt
In
shuhr
ns
kor
p
reI
shn
part of speech: |
noun |
definition: |
a U.S. governmental agency that insures deposits in member commercial banks up to a certain amount to protect the public against a bank's failure, and can act to prevent a bank's failure. (abbr.: FDIC)
|
|
|
|