Deposit insurance/Definition

From Citizendium
Jump to navigation Jump to search
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.

Deposit insurance [r]: An arrangement under which depositors in a bank that becomes unable to meet demands for withdrawals, are compensated to the extent of a substantial proportion of the amount of their deposits.