Examlex
Medical payments coverage under a homeowner's policy generally has low policy limits.
Credit Crisis Of 2008
An unprecedented financial crisis that peaked in 2008, characterized by the collapse of financial institutions and a severe credit crunch, leading to a global economic recession.
FDIC
The Federal Deposit Insurance Corporation, an independent agency of the United States government that protects the funds depositors place in banks and savings associations.
Insolvent Banks
Financial institutions that are unable to meet their obligations or debts as they become due because their liabilities exceed their assets.
Consumer Use
The utilization of goods and services by individuals for personal or household purposes, rather than for business or professional needs.
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