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Deposit

The definition for Deposit:

(1) Money given by the buyer with an offer to purchase. Shows good faith. Also called earnest money. (2) A natural accumulation of resources (oil, gold, etc.) which may be commercially recovered and marketed.




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Federal Deposit Insurance Corporation (fdic)

Federal Deposit Insurance Corporation (fdic)
The federal corporation which insures against loss of deposits in banks, up to a maximum amount.




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