Overview

Federal Deposit Insurance Corporation


Show Summary Details

Quick Reference

(FDIC)

A US regulatory body responsible for chartering banks, and insuring depositors against bank failure. The guarantee covers the first $100 000 of deposits. The FDIC is largely financed by charges on the banks.

Subjects: Economics.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.