noun a specific organization or entity
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the U.S. government to maintain stability and public confidence in the nation's financial system by insuring deposits in banks and thrift institutions.
The FDIC is a government agency that plays a key role in maintaining the stability of the financial system.
The FDIC provides insurance coverage for deposits in member banks up to a certain limit per depositor per ownership category.
The FDIC provides deposit insurance to depositors in U.S. commercial banks and savings institutions in the event of bank failures.
The FDIC regulates and supervises certain financial institutions to ensure their safety and soundness.
Bankers work closely with the Federal Deposit Insurance Corporation (FDIC) to ensure that customer deposits are protected in the event of a bank failure.
Financial analysts may study the impact of FDIC regulations on the banking industry and incorporate this information into their investment recommendations.
Accountants may need to consider FDIC insurance coverage when auditing a client's financial statements to ensure compliance with regulations.
Economists may analyze the role of the FDIC in maintaining financial stability and its impact on the overall economy.