Federal Deposit Insurance Corporation
Term · Law · MLC-T-LAW-002071
An independent agency of the United States government that maintains stability and public confidence in the nation's financial system. It insures deposits in banks and thrift institutions for at least $250,000 per depositor, per insured bank, for each account ownership category. The FDIC was created in 1933 in response to the Great Depression.
| Identifier | MLC-T-LAW-002071 |
|---|---|
| Field | Law |
| Abbreviation | FDIC |
Record as JSON
{
"id": "MLC-T-LAW-002071",
"term": "Federal Deposit Insurance Corporation",
"field": "Law",
"definition": "An independent agency of the United States government that maintains stability and public confidence in the nation's financial system. It insures deposits in banks and thrift institutions for at least $250,000 per depositor, per insured bank, for each account ownership category. The FDIC was created in 1933 in response to the Great Depression.",
"abbreviation": "FDIC",
"url": "https://mlchart.com/terminology/law/federal-deposit-insurance-corporation/"
}
Record 1,971 of 5,445 in Law terminology (MLC-0107). Request the full dataset.