federal deposit insurance corporation

Federal Deposit Insurance Corporation. A federal corporation that protects bank and thrift deposits by insuring accounts up to $100,000, examining banks that are not members of the Federal Reserve System, and liquidating failed institutions. • It was established in 1933 and began insuring banks in 1934. — Abbr. FDIC. [Cases: Banks and Banking 501–508. C.J.S. Banks and Banking §§ 671–679, 682–696, 698–717.]

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词条贡献者

译者Henry，毕业于世界顶级翻译学院，擅长翻译各种与企业管治相关的法律文件。