Banking Act Of 1933

Business, Legal & Accounting Glossary

Definition: Banking Act Of 1933


Banking Act Of 1933


Full Definition of Banking Act Of 1933


A Congressional act designed to restore financial stability to the country during the Great Depression, through the creation of federal deposit insurance and the separation of commercial banking and investment banking through the Glass-Steagall Act.


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Definition Sources


Definitions for Banking Act Of 1933 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: 14th November, 2021 | 0 Views.