Examlex
Explain the purpose of classroom training.
M1
A category of the money supply that includes all physical money like coins and currency, as well as checkable deposits and traveler's checks.
M2
A gauge of currency circulation that covers physical money, funds in checking accounts, and assets easily turned into cash.
FDIC
The Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits at banks and thrifts to maintain public confidence and encourage stability in the financial system.
Time Deposits
Bank deposits that cannot be withdrawn for a certain term or period of time without incurring a penalty.
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