FDIC


Definition: Meaning of, FDIC in English to English dictionary.

Pronunciation: / ɛfdiːʌɪˈsiː /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
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  1. a federally sponsored corporation that insures accounts in national banks and other qualified institutions
    ANTONYM
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synonym
antonym

FDIC used in phrases

  • FDIC, the
    1. 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.
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