Definition: Meaning of, FDIC, the in English to English dictionary.
Pronunciation:/ ɛfdiːʌɪˈsiː ðə;ðɪ;ðiː /
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the Federal Deposity Insurance Corporation a US government organization which exists to protect people's bank accounts. If your bank is a member of the FDIC and it cannot pay its debts, the FDIC will pay you the amount that you kept in the bank, up to $100,000.