English version

FDIC, the

From Longman Dictionary of Contemporary EnglishFDIC, thethe FDICFDIC, the /ˌef diː aɪ ˈsiː/  (the Federal Deposit 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.From Longman Business DictionaryFDICFDICORGANIZATIONSINSURANCE abbreviation for FEDERAL DEPOSIT INSURANCE CORPORATION

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