Deposit insurance/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> An arrangement under which a depositors in a bank that becomes unable to meet demands for withdrawals, are compensated to the extent of a substantial pr...) |
imported>Nick Gardner No edit summary |
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An arrangement under which | 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. | ||
Latest revision as of 09:20, 26 January 2010
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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.