Federal Deposit Insurance Corporation

Pronunciation: /ˈfɛdərəl dɪˈpɑzɪt ɪnˈʃʊrəns kɔːrpəˈreɪʃən/

Definitions of Federal Deposit Insurance Corporation

noun a specific organization or entity

Example Sentences

A1 The Federal Deposit Insurance Corporation protects people's money in banks.

A2 The Federal Deposit Insurance Corporation was created in response to the Great Depression.

B1 Individuals with accounts in member banks are insured by the Federal Deposit Insurance Corporation.

B2 The Federal Deposit Insurance Corporation provides deposit insurance up to a certain limit.

C1 The Federal Deposit Insurance Corporation plays a crucial role in maintaining stability in the banking system.

C2 Experts debate the effectiveness of the Federal Deposit Insurance Corporation in preventing bank runs.

Examples of Federal Deposit Insurance Corporation in a Sentence

formal The Federal Deposit Insurance Corporation is an independent agency that provides deposit insurance to depositors in US banks.

informal You don't have to worry about losing your money in the bank because of the Federal Deposit Insurance Corporation.

slang The FDIC has got your back when it comes to keeping your money safe in the bank.

figurative The Federal Deposit Insurance Corporation acts as a financial safety net for depositors in case of bank failures.

Grammatical Forms of Federal Deposit Insurance Corporation

• plural: Federal Deposit Insurance Corporations
• present tense: Federal Deposit Insurance Corporation
• future tense: will be Federal Deposit Insurance Corporation
• perfect tense: has been Federal Deposit Insurance Corporation
• continuous tense: is being Federal Deposit Insurance Corporation
• singular: Federal Deposit Insurance Corporation
• positive degree: Federal Deposit Insurance Corporation
• infinitive: to Federal Deposit Insurance Corporation
• gerund: Federal Deposit Insurance Corporation
• participle: Federal Deposit Insurance Corporation

Origin and Evolution of Federal Deposit Insurance Corporation

First Known Use: 1933 year

Language of Origin: English

Story behind the word: The Federal Deposit Insurance Corporation (FDIC) was established in response to the banking crisis during the Great Depression in the United States.

Evolution of the word: The term 'Federal Deposit Insurance Corporation' has remained consistent in its meaning and usage since its inception in 1933.