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.

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SHARE is one unit of ownership interest in a company, mutual fund, limited partnership, etc.

SMALL-CAP is a stock with a capitalization, meaning a total equity value, of less than $500 million.

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