Federal Deposit Insurance Corporation

Definition: Federal Deposit Insurance Corporation

Federal Deposit Insurance Corporation

Noun

1. A federally sponsored corporation that insures accounts in national banks and other qualified institutions.

Specialty Definitions: Federal Deposit Insurance Corporation

Domain	Definitions
Finance	A government corporation that insures deposits in thrift institutions and commercial banks. The FDIC administers the Savings Association Insurance Fund (SAIF) providing deposit insurance to thrifts, and the Bank Insurance Fund (BIF) providing deposit insurance to commercial banks. (FDIC). (references)
Source: compiled by the editor from various references; see credits.

Specialty Definition: Federal Deposit Insurance Corporation

The FDIC was created by the Glass-Steagall_Act of 1933. The vast number of bank failures had spurred Congress into creating an institution which would guarantee banks. The FDIC currently guarantees checking and savings deposits in member banks upto $100,000 per depositor. In order to receive this benefit member banks must follow certain liquidity and reserve requirements. Banks are classified in 5 groups according to their risk based capital ratio

Well capitalized: 10% or higher
Adequately capitalized: 8% or higher
Undercapitalized: less than 8%
Significantly under capitalized: less than 6%
Critically under capitalized: less than 2%

When a bank becomes under capitalized the FDIC issues a warning to the bank. When the number drops below 6% the FDIC can change management and force the bank to take other corrective action. When the bank becomes critically under capitalized the FDIC declares the bank insolvent.

See also: Financial supervision, Financial institutions

Commercial Usage: Federal Deposit Insurance Corporation

Domain	Title
Books	Payment of legal fees to outside counsel by the Federal Deposit Insurance Corporation (FDIC) : hearing before the Commerce, Consumer, and Monetary Affairs Subcommittee of the Committee on Government Operations, House of Representatives, One Hundred Second (reference) (more book examples)
Source: compiled by the editor from various references; see credits.

Frequency of Internet Keywords: Federal Deposit Insurance Corporation

Misspellings: Federal Deposit Insurance Corporation

Misspellings
	"Federal Deposit Insurance Corporation" is suggested in spellcheckers for the following: federal deposit insurance coporation. (additional references)
Source: compiled by the editor, based on several corpora (additional references).

Alternative Orthography: Federal Deposit Insurance Corporation

Hexadecimal (or equivalents, 770AD-1900s) (references)

46 65 64 65 72 61 6C 44 65 70 6F 73 69 74 49 6E 73 75 72 61 6E 63 65 43 6F 72 70 6F 72 61 74 69 6F 6E

Leonardo da Vinci (1452-1519; backwards) (references)

Binary Code (1918-1938, probably earlier) (references)

01000110 01100101 01100100 01100101 01110010 01100001 01101100 00100000 01000100 01100101 01110000 01101111 01110011 01101001 01110100 00100000 01001001 01101110 01110011 01110101 01110010 01100001 01101110 01100011 01100101 00100000 01000011 01101111 01110010 01110000 01101111 01110010 01100001 01110100 01101001 01101111 01101110

HTML Code (1990) (references)

&#70 &#101 &#100 &#101 &#114 &#97 &#108 &#32 &#68 &#101 &#112 &#111 &#115 &#105 &#116 &#32 &#73 &#110 &#115 &#117 &#114 &#97 &#110 &#99 &#101 &#32 &#67 &#111 &#114 &#112 &#111 &#114 &#97 &#116 &#105 &#111 &#110

ISO 10646 (1991-1993) (references)

0046 0065 0064 0065 0072 0061 006C 0044 0065 0070 006F 0073 0069 0074 0049 006E 0073 0075 0072 0061 006E 0063 0065 0043 006F 0072 0070 006F 0072 0061 0074 0069 006F 006E

Encryption (beginner's substitution cypher): (references)

Expression	Frequency per Day
federal deposit insurance corporation	69
Source: compiled by the editor from various references; see credits.

Federal Deposit Insurance Corporation

Definition: Federal Deposit Insurance Corporation