federal deposit insurance corp

listen to the pronunciation of federal deposit insurance corp
English - English
Independent U.S. government corporation created to insure bank deposits against loss in the event of a bank failure and to regulate certain banking practices. Established after the bank holiday in early 1933, the FDIC was intended to restore public confidence in the system. It insures bank deposits in eligible banks up to $100,000 for each deposit. All members of the Federal Reserve System are required to insure their deposits with the FDIC, and almost all commercial banks in the U.S. choose to do so
federal deposit insurance corp

    Hyphenation

    fed·er·al de·po·sit insur·ance corp

    Turkish pronunciation

    fedrıl dıpäzît înşûrıns kôrp

    Pronunciation

    /ˈfedrəl dəˈpäzət ənˈsʜo͝orəns ˈkôrp/ /ˈfɛdrəl dəˈpɑːzɪt ɪnˈʃʊrəns ˈkɔːrp/
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