A federal agency established in 1934 to ensure deposits up to $100,000 in member savings institutions.

Similar to the Federal Deposit Insurance Corporation (FDIC) which many banks use to insure deposits.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser