Deposit Insurance Corporation definition

Deposit Insurance Corporation means the Deposit Insurance and Credit Guarantee Corporation established under Sec. 3 of the Deposit Insurance Corporation Act, 1961.
Deposit Insurance Corporation means the Deposit Insurance and Credit Guarantee Corporation established under section 3 of the Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961);
Deposit Insurance Corporation means the Deposit Insurance Corporation established under section 3 of the Deposit Insurance Corporation Act, 1961.”

Examples of Deposit Insurance Corporation in a sentence

  • Protection of the District's deposits is provided by the Federal Deposit Insurance Corporation (FDIC), by eligible securities pledged by the financial institution as security for repayment, by surety company bonds deposited with the Treasurer by the financial institution or by a single collateral pool established by the financial institution to secure the repayment of all public monies deposited with the institution.

  • In the event of failure of a financial institution, securities pledged by that institution would be liquidated by the State Treasurer to replace the public deposits not covered by the Federal Deposit Insurance Corporation.

  • You further understand and acknowledge that, upon transfer from your Business Account or any other account where you hold fiat funds, the fiat funds will not be provided protection under the Securities Investor Protection Corporation (“SIPC”), nor will they be provided protection under the Federal Deposit Insurance Corporation (“FDIC”).

  • This Policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC).

  • In the event of failure of a financial institution, securities pledged by that institution would be liquidated by the State Treasurer to replace the public deposits not covered by the Federal Deposit Insurance Corporation (FDIC).


More Definitions of Deposit Insurance Corporation

Deposit Insurance Corporation means the Federal Deposit Insurance Corporation or other instrumentality of, or cor- poration chartered by, the United States that insures deposits of financial institutions and that is supported by the full faith and credit of the U.S. government as stated in a congressional resolu- tion.
Deposit Insurance Corporation means the federal deposit insurance corporation or other instrumentality of or corporation chartered by the United States that is supported by the full faith and credit of the U.S. government as stated in a congressional res- olution.
Deposit Insurance Corporation means the federal deposit insurance corporation or any other instrumentality of or corporation chartered by the United States that insures deposits of an association and is supported by the full faith and credit of the federal government.
Deposit Insurance Corporation means the Deposit Insurance
Deposit Insurance Corporation means the Deposit Insurance Corporation of Japan.
Deposit Insurance Corporation means the Deposit Insurance Corporation established under the Deposit Insurance Act;
Deposit Insurance Corporation means the Deposit Insurance Corporation of the Borrower, established pursuant to the Borrower's Law No. 24 Year 2004 regarding Deposit Insurance, or any successor thereto;