insured deposit

insured deposit
A bank deposit insured by the Federal Deposit Insurance Corporation. The net amount due to any depositor for a deposit in an insured bank (after deducting offsets), less any part thereof which is in excess of $10,000. 12 USC § 1813(m).

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Deposit Insurance Fund — (DIF) USA A fund that is maintained by the Federal Deposit Insurance Corporation (FDIC), funded primarily though the insurance premiums charged to insured depository institutions. The DIF allows the FDIC to expedite payment and make up for any… …   Law dictionary

  • insured depository institution — Under Title 11 U.S.C. Section 101: (35) The term insured depository institution (A) has the meaning given it in section 3(c)(2) of the Federal Deposit Insurance Act; and (B) includes an insured credit union (except in the case of paragraphs (23)… …   Glossary of Bankruptcy

  • Deposit insurance — Experiences from bank runs during the Great Depression led to the introduction of deposit insurance in the US …   Wikipedia

  • Deposit account — Deposits redirects here. For other uses, see Deposit (disambiguation). Banking A series on …   Wikipedia

  • Deposit market share — The deposit market share is a way of measuring the size and performance of a bank in the United States Definition In the simplest sense of the phrase, deposit market share is defined as the amount on deposit at a particular bank divided by the… …   Wikipedia

  • Deposit premium — A deposit premium is a type of insurance premium where the insured deposits money with the insurer to obtain perpetual insurance against the risk of a loss. Deposit premiums are unique from regular insurance premiums, because they are refundable… …   Wikipedia

  • Deposit Broker — An individual or firm that facilitates the placement of investors deposits with insured depository institutions. Deposit brokers offer investors an assortment of fixed term investment products, which earn low risk returns. Deposit brokers sell… …   Investment dictionary

  • Insured Financial Institution — Any bank or savings institution that is covered by some form of deposit insurance. Of course, virtually all eligible banks and savings institutions carry this protection. Both state and national banks are required by law to have FDIC coverage.… …   Investment dictionary

  • Deposit Insurance Fund - DIF — A fund that is devoted to insuring the deposits of individuals by the Federal Deposit Insurance Corporation (FDIC). The Deposit Insurance Fund (DIF) is set aside to pay back the money lost due to the failure of a financial institution. The DIF is …   Investment dictionary

  • insured money market account — /ɪnˌʃυəd mʌni ˌmɑ:kɪt əˌkaυnt/ noun a high yield account, in which the investor has to deposit a certain minimum sum, which is insured by the provider against capital loss. Abbreviation IMMA …   Dictionary of banking and finance

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”