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Federal Deposit Insurance Corporation

a public corporation, established in 1933, that insures, up to a specified amount, all demand deposits of member banks.
Abbreviation: FDIC. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2016.
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federal-deposit-insurance-corporation in Culture
Federal Deposit Insurance Corporation (FDIC)

A federal agency that insures deposits in the savings accounts of qualifying banks.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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