bank deposit insurance

noun
: the insurance of deposit accounts up to $10,000 (formerly up to $5000) in banks in the United States that belong to the Federal Deposit Insurance Corporation

* * *

the protection of bank deposits against the insolvency of banks in the U.S., up to a specified maximum per account that is revised periodically, under special insurance through the Federal Deposit Insurance Corporation.

Useful english dictionary. 2012.

Look at other dictionaries:

  • bank deposit insurance — the protection of bank deposits against the insolvency of banks in the U.S., up to a specified maximum per account that is revised periodically, under special insurance through the Federal Deposit Insurance Corporation. * * * …   Universalium

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  • Deposit Insurance Agency of Russia — Deposit Insurance Agency (DIA) (Russian: Агентство по страхованию вкладов) is a State corporation providing deposit insurance in the Russian Federation. Its headquarters are located in Moscow. The DIA was established in January 2004 on the basis… …   Wikipedia

  • deposit insurance — See: FDIC ( Federal Deposit Insurance Corporation) * * * deposit insurance deposit insurance ➔ insurance * * * deposit insurance UK US noun [U] BANKING, INSURANCE ► a system in which payments are made by banks to an organization that would pay a… …   Financial and business terms

  • Deposit Insurance Fund - DIF — A fund that is devoted to insuring the deposits of individuals by the Federal Deposit Insurance Corporation (FDIC). The Deposit Insurance Fund (DIF) is set aside to pay back the money lost due to the failure of a financial institution. The DIF is …   Investment dictionary

  • Deposit Insurance Corporation — Independent federal agency (Federal Deposit Insurance Corporation) created to insure bank deposits up to a specified amount in national and most state banks, including commercial and savings and loan banks, and to protect depositors from hazards… …   Black's law dictionary

  • Deposit Insurance Corporation — An agency of the United States established for the purpose of insuring bank deposits by setting up a permanent insurance fund for that purpose and the payment of deposits upon the closing of any insured bank, to preserve the solvency of insured… …   Ballentine's law dictionary

  • federal deposit insurance — noun : federal insurance of bank deposits in the United States up to a stated limit per depositor created under the Banking Act of 1933 …   Useful english dictionary

  • Risk-Based Deposit Insurance — Deposit insurance with premiums that reflect how prudently banks behave when investing their customers deposits. The idea is that flat rate deposit insurance shelters banks from their true level of risk taking and encourages poor decision making… …   Investment dictionary

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