Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,989,402 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Uninsured Depositor

    0.01 sec.
Uninsured Depositor
A municipal bond for which a bond insurance company does not guarantee payment. An uninsured bond is only protected by the revenues of the issuing municipality, and does not have an outside guarantor. For that reason, an uninsured bond carries more risk, and therefore usually carries a higher coupon rate than an insured bond.


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.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
While that process can take several years, most payments to uninsured depositors are made within a year or two of the bank failure.
For the three determinations made to date, this report examines (1) steps taken by FDIC, the Board of Governors of the Federal Reserve System (Federal Reserve), and Treasury to invoke the exception; (2) the basis of the determination and the purpose of resulting actions; and (3) the likely effects of the determination on the incentives and conduct of insured depository institutions and uninsured depositors.
What was clear was the absence of the public planning to deal with a too big to fail situation that would be essential if losses were to be imposed on uninsured depositors and other creditors.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.