Bank Insurance

Business, Legal & Accounting Glossary

Definition: Bank Insurance


Bank Insurance


Full Definition of Bank Insurance


Insurance that guarantees the security of deposits in a bank. In the U.S., bank deposits up to a certain amount are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is funded by premiums that banks and thrift institutions pay for deposit insurance coverage and from earnings on investments in U.S. Treasury securities.


Cite Term


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https://payrollheaven.com/define/bank-insurance/
Modern Language Association (MLA):
Bank Insurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 03, 2021 https://payrollheaven.com/define/bank-insurance/.
Chicago Manual of Style (CMS):
Bank Insurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bank-insurance/ (accessed: December 03, 2021).
American Psychological Association (APA):
Bank Insurance. PayrollHeaven.com. Retrieved December 03, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/bank-insurance/

Definition Sources


Definitions for Bank Insurance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.