FEDERAL DEPOSIT INSURANCE CORPORATION Definition

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FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) is an agency of the federal government that insures accounts at most commercial banks and mutual savings banks. The FDIC also has primary federal supervisory authority over insured state banks that are not members of the Federal Reserve System.

Learn new Accounting Terms

MISCELLANEOUS is a grouping consisting of a haphazard assortment of different kinds.

FUNDS FLOW is the funds generated from operations; normally expressed as cash flow from operations or working capital from operations.

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