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You know a friend recently ingested LSD.Your friend suddenly starts to cry uncontrollably.Based on your reading, you would assume that your friend is in the phase of the LSD experience.
Deposit Insurance
A guarantee provided typically by a government agency to protect depositor's funds up to a certain amount in the event of a bank failure.
Banking Crisis
A situation in which a large part of the banking sector becomes insolvent, leading to a loss of confidence and potentially a run on banks.
FDIC
The Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits in banks and thrift institutions to maintain public confidence and encourage stability in the financial system.
Mergers and Acquisitions
Financial transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated.
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