Canadian Deposit Insurance Corporation

Business, Legal & Accounting Glossary

Definition: Canadian Deposit Insurance Corporation


Canadian Deposit Insurance Corporation

Quick Summary of Canadian Deposit Insurance Corporation


The quasi-governmental body which guarantees deposits for accounts held in Canadian banks. The CDIC will insure up to C$100,000 for each account should a banking institution fail.




Synonyms For Canadian Deposit Insurance Corporation


CDIC


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/canadian-deposit-insurance-corporation/
Modern Language Association (MLA):
Canadian Deposit Insurance Corporation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/canadian-deposit-insurance-corporation/.
Chicago Manual of Style (CMS):
Canadian Deposit Insurance Corporation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/canadian-deposit-insurance-corporation/ (accessed: March 29, 2024).
American Psychological Association (APA):
Canadian Deposit Insurance Corporation. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/canadian-deposit-insurance-corporation/

Definition Sources


Definitions for Canadian Deposit Insurance Corporation 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: 21st November, 2021 | 0 Views.