federal savings and loan insurance corporation

Federal Savings and Loan Insurance Corporation. A federal agency created in 1934 to insure deposits in savings-and-loan associations and savings banks. • When this agency became insolvent in 1989, its assets and liabilities were transferred to an insurance fund managed by the FDIC. — Abbr. FSLIC. See RESOLUTION TRUST CORPORATION. [Cases: Building and Loan Associations 48. C.J.S. Building and Loan Associations, Savings and Loan Associations, and Credit Unions § 8.]

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词条贡献者

译者Wendy，欧洲知名商学院国际金融专业，擅长翻译各种与私募基金相关的法律文件。