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What does FDIC mean?

Looking for the meaning or definition of the word FDIC? Here's what it means.

Initialism
  1. (US, banking) Federal Deposit Insurance Corporation
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Examples
So far, Wells Fargo is the only big American bank that the FDIC judges capable of that.
In which case, the FDIC will end up paying out on the insurance for overpriced assets.
Two weeks later, the FDIC seized Washington Mutual and wiped out the bondholders.
Its two branches were taken over by Ameris and the FDIC made depositors whole to the extent of their insurance.
And the insurance fund run by the FDIC is replenishing itself without having to dun taxpayers.
The investigation was originally started by the FDIC and the Utah Department of Financial Institutions.

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