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Home > QFINANCE Dictionary > Definition of FDIC

Definition of


Insurance abbr

US agency insuring deposits in commercial banks Federal Deposit Insurance Corporation: the US federal agency that manages insurance funds that insure deposits in commercial banks and in savings and loans associations.

Definitions of ’FDIC’ and meaning of ’FDIC’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’FDIC’ and other financial terms with our online QFINANCE Financial Dictionary.

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