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Deposit Insurance |
Also found in: Wikipedia | 0.01 sec. |
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Deposit insurance Deposit Insurance A guarantee by some organization that funds in a bank deposit will be available to the account holder. That is, if the bank becomes insolvent, insured deposits are safe and depositors will be able to access them. Deposit insurance is made by a government-sponsored organization such as the FDIC. Deposit insurance exists in order to reduce pressures that might result in bank runs. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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