ComeOn Play Now! 10 free spins - No deposit 100% bonus up to £200 Read more
Winner Play Now! 99 free spins - No deposit 200% bonus up to £300 Read more
Cashmio Play Now! 20 free spins - No deposit 200 free spins on 1st deposit Read more
Royal Panda Play Now! 10 free spins - No deposit 100% bonus up to £200 Read more
Prime Slots Play Now! 10 free spins - No Deposit 100% bonus and 100 free spins Read more
LeoVegas Play Now! 50 free spins - No deposit 200% bonus and 200 free spins Read more

💰 Deposit | Definition of Deposit by Merriam-Webster


Time and savings deposits are not insured separately from demand deposits. Demand deposits maintained by an official custodian of the United States are insured separately from any time deposits maintained by the same custodian at the same IDI, regardless of the state in which the IDI is located.
If you have questions or comments about the insurance coverage of public unit accounts, contact the Federal Deposit Insurance Corporation by telephone at 1-877-ASK-FDIC or by mail at 550 17th Street, NW, Washington, DC 20429.
GFOA recommends the use of a written agreement with pledging requirements as protection for state or local government's deposits. GFOA encourages governmental entities to establish adequate and efficient administrative systems to monitor such pledged collateral, including state or locally administered collateral pledging or collateral pools.

Fixed Deposit Explain in Hindi

Foreign currency risk is the chance that changes in exchange rates will adversely affect the fair value of a government’s investments and deposits. Governments will disclose the amounts, in U.S. dollars, of deposits and investments exposed to foreign currency risk, organized by currency denomination and investment type.
Definition of Government pension in the Legal Dictionary - by Free online English dictionary and encyclopedia.. a worker deposits a portion of his or her gross.
Home > Banking Division > Office of Depositories > Governmental Unit Deposit Protection Act (GUDPA): Governmental Unit Deposit Protection Act : The Governmental Unit Deposit Protection Act ("GUDPA") is a supplemental insurance program set forth by the New Jersey Legislature to protect the deposits of municipalities and local government agencies.
LeoVegas 20 free spins no deposit 200% bonus up to $100 + 200 free spins PLAY
Kaboo 5 free spins $200 bonus + 100 free spins welcome package PLAY
Guts - $400 bonus + 100 free spins welcome package PLAY
Spinson 10 free spins no deposit Up to 999 free spins PLAY
Casumo - 200% bonus + 180 free spins PLAY
GDay Casino
GDay Casino 50 free spins 100% unlimited first deposit bonus PLAY
royal panda
Royal Panda - 100% bonus up to $100 PLAY
CasinoRoom 20 free spins no deposit 100% bonus up to $500 + 180 free spins PLAY
Thrills - 200% bonus up to $100 + 20 super spins PLAY
Karamba - $100 bonus + 100 free spins welcome package PLAY
BetSpin - $200 bonus + 100 free spins welcome package PLAY
PrimeSlots 10 free spins 100% bonus up to $100 + 100 free spins PLAY
MrGreen - €350 + 100 free spins welcome package PLAY

Government Depository | Definition of Government Depository by Merriam-Webster Government deposits definition


A government is the system or group of people governing an organized community, often a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy.
Broker certificates of deposit. Although most CDs are purchased directly from banks, many brokerage firms and independent salespeople also offer CDs. These individuals and entities, known as “deposit brokers,” can sometimes negotiate a higher rate of interest for a CD by promising to bring a certain amount of deposits to the institution.
Government depository definition is - a bank that by law may receive deposits of government funds. How to use government depository in a sentence.

starburst-pokieBank Deposits Government deposits definition

What It Means to Deposit a Check Government deposits definition

A tax-exempt organization must make deposits electronically using the Electronic Federal Tax Payment System (EFTPS). NOTE: If an organization does not have an EIN by the time a return is due, the organization should write "Applied for" and the date it applied for the EIN in the space shown for.
Find out more about phishing scams on our banking and credit scams page. See more tips on protecting your identity and how to safely shop online. Government guarantee on deposits. The Australian Government has guaranteed deposits up to $250,000 in Authorised Deposit-taking Institutions (ADIs) such as your bank, building society or credit union.
under this, the Fed. has the authority to extend the truth-in-lending disclosurers to millions of individuals who purchase or borrow from corporations, retail stores, automobile dealers, banks, and lending institutions

Government deposits definitioncasinobonus

government deposits definition The Public Inspection page may also include documents scheduled for later issues, at the request of the issuing agency.
The documents visit web page on this site are XML renditions of published Federal Register documents.
Each document posted on the site includes a link to the corresponding official PDF file on govinfo.
This prototype edition of the daily Federal Register on FederalRegister.
For complete information about, and access to, our official publications and services, go to on NARA's archives.
While every effort has been made to ensure that the material on FederalRegister.
Until the ACFR grants it official status, the XML rendition of free slots for iphone daily Federal Register on FederalRegister.
Printed version: Publication Date: Agency: Dates: The effective date of the Final Rule is October 15, 2013.
Counts are subject to sampling, reprocessing and revision up or down throughout the day.
Relevant information about this document from Regulations.
This information is not part of the official Federal Register document.
This tables of contents is a navigational tool, processed from the headings within the legal text of Federal Register documents.
This repetition of headings to form internal navigation links has no substantive legal effect.
These can be useful for better understanding how a document is structured but are here part of the published document itself.
If you are using public inspection listings for legal research, you should verify the contents of the documents against a final, official edition of the Federal Register.
Only official editions of the Federal Register provide legal notice to the public and judicial notice to the courts under.
This document has been published in the Federal Register.
Use the PDF linked in the document sidebar for the official electronic format.
Start Preamble Start Printed Page 56583 AGENCY: Federal Deposit Insurance Corporation FDIC.
The Final Rule clarifies that deposits in branches of U.
The purpose of the Final Rule is to protect the DIF against the liability that it would otherwise face as a potential global deposit insurer, preserve confidence in the FDIC deposit insurance system, and ensure that the FDIC can effectively carry out its critical deposit insurance functions.
DATES: The effective date of the Final Rule is October 15, 2013.
Angus Tarpley III, Supervisory Counsel, Legal Division, 202 898-6646; Catherine Ribnick, Counsel, Legal Division, 202 898-6803; Matthew Green, Associate Director, Division of Insurance and Research, 202 898-3670.
End Further Info End Preamble Start Supplemental Information SUPPLEMENTARY INFORMATION: I.
link Congress created the FDIC in 1933 to end the banking crisis experienced during the Great Depression, to maintain stability and public confidence in the nation's financial system, and to safeguard bank deposits through deposit insurance.
If a bank fails, the FDIC pays out deposit insurance from the DIF, which is funded by assessments on IDIs.
In the most recent financial crisis, the FDIC's deposit insurance guarantee, with its backing by the full faith and credit of the United States Government, contributed significantly to financial stability in an otherwise unstable financial environment.
In the FDIC's history, no depositor has ever lost a penny of an insured deposit.
The prompt payment of deposit insurance preserves confidence in the deposit insurance system and promotes financial stability.
Prompt payment depends on a number of key factors, including the FDICs having immediate access to the deposit records of a failed bank and clarity about the application of laws and practices that could affect deposits in a particular location.
National Depositor Preference When a U.
In 1993, Congress amended the FDI Act to establish a system of depositor preference in failed-bank resolutions.
Under this regime, set forth in section 11 d 11 of the FDI Act, the receiver of a failed bank distributes amounts realized from its liquidation to pay claims in the following order of priority.
Accordingly, an obligation in a foreign branch of a U.
Thus, if a U.
Foreign Branch Deposits of U.
In many cases, these branches do not engage in retail deposit taking or other retail banking services.
Often, their typical depositors are large businesses that choose to bank in a foreign branch of a U.
Currently, the overwhelming majority of the foreign branch deposits of U.
In the past, making deposits in foreign branches dually payable would have been costly to U.
First, dually payable deposits would have increased a bank's deposit insurance assessment base which, in the past, excluded deposits payable can money orders be deposited outside the United States and, therefore, its deposit insurance assessment.
Second, the dually payable deposits would have become subject to the Federal Reserve's Regulation D.
Second, the Federal Reserve now pays interest on reserves and allows more flexibility with respect to the reserves it requires.
Finally, as discussed below, nothing in this Final Rule is intended to preclude a U.
PRA Consultation Paper In September 2012, the U.
The Consultation Paper proposes to prohibit banks from non-EEA countries, including U.
A significant percentage of foreign branch deposits of U.
The Consultation Paper proposes several options to ensure that depositors in U.
Start Printed Page 56585Third, U.
The Consultation Paper indicates that dual payability should allow U.
PRA is still considering comments on the Consultation Paper and has not provided a date by which the requirements proposed in the Consultation Paper will be implemented.
Notice of Proposed Rulemaking In light of the U.
PRA's proposal and subsequent action required of U.
The FDIC is now adopting as final the proposed amendments to its deposit insurance regulations, ewith minor technical changes.
Rulemaking Authority The FDIC issues rules and regulations necessary to carry out the statutory mandates of the FDI Act and other laws that the FDIC is charged with administering or enforcing.
In instances such as this one where a statute is silent or general in nature on issues critical to the FDIC's fundamental responsibilities, the FDIC has used its rulemaking authority to effectuate its statutory duties.
Providing deposit insurance to IDIs and maintaining public confidence in the banking system through deposit insurance in the event of a U.
In order to permit the FDIC to carry out these functions successfully, the FDIC is authorized to undertake rulemaking to implement the FDI Act effectively, particularly with respect to its deposit insurance functions.
The FDI Act gives the FDIC explicit rulemaking and definitional authorities to ensure that it can adapt to changed circumstances as necessary to carry out its deposit insurance responsibilities.
Summary of Comments in Response to Proposed Rule As noted above, the FDIC solicited public comment on the Proposed Rule on February 19, 2013.
The comment period ended on April 22, 2013.
The FDIC received comments from three industry groups and two individuals in response to the Proposed Rule.
After careful consideration of the comments, the FDIC is adopting the Proposed Rule as final, with technical format changes.
Comments in Response to Proposed Rule Overall, commenters did not object to the concept that foreign branch deposits are not insured, as clarified in the Proposed Rule.
One individual acknowledged that the Proposed Rule would limit the DIF's exposure, but argued that it would adversely affect public relations.
The commenter suggested that foreign deposits be insured up to the domestic limit, with U.
However, the FDIC believes that it is inconsistent with congressional intent and the FDIC's statutory mandate of promoting confidence in the U.
PRA requirement to treat domestic and foreign branch deposits equally.
These commenters advocated an alternative approach, which they believe would better address their concerns.
The FDIC has carefully considered click the following article comments and discusses them below.
According to the commenters, this alternative would achieve the result of equal treatment of uninsured domestic deposits and foreign branch deposits in the event of a U.
They also argued that this would eliminate the risk of litigation over depositor preference, as well as reduce the risk of litigation by foreign depositors over deposit insurance because banks would be less likely to employ dual payability.
They contended that there is legislative history supporting the notion that Congress did not intend to distinguish between foreign and domestic depositors under the depositor preference provisions of the FDI Act.
In particular, these commenters pointed to congressional committees which used broad and general language to describe depositor preference.
Moreover, the commenters suggested that Congress intended to follow state depositor preference statutes, and that one of these states specifically included foreign branch deposits in its depositor preference statute, while the majority of other states with depositor preference statutes did not refer to foreign deposits specifically, but referred to deposits in a broad and general manner.
From a practical standpoint, several commenters noted that the section 11 d 11 approach is also consistent with current bank reporting requirements.
For instance, deposit liabilities on a bank's balance sheet would include all deposits, domestic and foreign.
They argued that the section 11 d 11 approach would be compatible with the FSB's Key Attributes and the most recent draft of the European Commission's proposed Resolution and Recovery Directive.
It would also eliminate potential risks and costs to the FDIC and the ongoing need for guidance to banks, foreign depositors, and foreign regulators on how dual payability would work.
Ultimately, commenters argued that the section 11 d 11 approach would better address industry concerns about ensuring equal treatment of depositors under the U.
The commenters contended that the FDIC would be justified in changing its previous position, set forth in General Counsel Advisory Opinion 94-1, by adopting their proposed approach under section 11 d 11 of the FDI Act.
According to the commenters, General Counsel Advisory Opinion 94-1 reached its conclusion without sufficient substantive discussion.
Furthermore, they noted that General Counsel Advisory Opinion 94-1 was not a binding interpretation approved by the FDIC Board of Directors and would therefore not be entitled to significant deference.
General Counsel Advisory Opinion 94-1 is based on a reasonable interpretation of the FDI Act.
Comments Relating to Dual Payability The commenters also presented a number of arguments related to the negative consequences that would result if they employ dual payability, in support of their proposed alternative approach.
Finally, some commenters argued that the section 11 d 11 approach would eliminate the litigation risk to the FDIC that they believe could occur under the Proposed Rule.
PRA suggested for compliance with the Consultation Paper to be undesirable for a variety of reasons.
Without expressing Start Printed Page 56587an opinion as to the merits of the commenters' various policy arguments in support of the section 11 d 11 approach, the FDIC believes that their proposed approach is inconsistent with current statutory language, as discussed above.
However, the FDIC does have authority to adopt this Final Rule.
The FDIC is authorized under the FDI Act to issue regulations and has used its rulemaking authority in the past click to see more address the conditions under which it will insure deposits and believes it may use that authority in a similar manner to address the insurance status of foreign branch deposits.
The Final Rule does not affect the ability to employ dual payability to comply with the U.
PRA, which is an option under current law for U.
Other Comments The FDIC sought comment on whether it should consider another option that would not entirely preclude deposit insurance dually payable deposits, but only if enumerated conditions designed to protect the DIF and facilitate deposit insurance determinations were satisfied.
The FDIC did not receive any comments addressing this alternative.
The FDIC also requested comment on the Proposed Rule's effect on deposits at Overseas Military Banking Facilities located on Department of Defense installations or similar facilities or programs authorized under Federal statute.
The FDIC did not receive any comments in response to this request.
While not a formal comment in response to the Proposed Rule, the FDIC received an inquiry on the deposit insurance status of a former member of the Trust Territory of the Pacific Islands.
Description of the Final Rule A.
Overview The Final Rule amends the deposit insurance regulations, eas they relate to deposits payable outside of the United States.
The Final Rule states explicitly that an obligation of an IDI that is carried on the books and records of a foreign branch of a U.
This ensures that the FDIC will be able to fulfill its statutory mission and protect the DIF from potential global liability.
The Final Rule would not affect the ability of a U.
Should a bank do so, its foreign branch deposits would be treated as deposit liabilities under the FDI Act's depositor preference regime in the same way as, and on an equal footing with, domestic uninsured deposits.
The Final Rule clarifies that it does not affect operation of Overseas Military Banking Facilities operated under Department of Defense regulations, and 231, or similar facilities authorized under Federal statute.
These types of facilities are established under statutory authority, separate from State or Federal laws that govern the broader banking industry, for the benefit of specific U.
These include active duty and reserve U.
Consistent with this approach, an U.
Overseas Military Banking Facility located in a foreign country has been treated as a domestic office for purposes of the Call Report.
The Final Rule is not intended to affect the status of insured deposits, if any, in depository institutions located in any of the former members.
Objective of the Final Rule The Final Rule addresses several click concerns: 1 Maintaining public confidence in the nation's financial system; 2 protecting the DIF; 3 ensuring that, in the event of a U.
The goal of the Final Rule is to ensure that the FDIC can carry out its mandate to provide deposit insurance and to protect the DIF.
Absent this rulemaking, the extension of deposit insurance to foreign branch deposits could potentially compromise the DIF, and by implication, the U.
Government, which provides a full faith and credit backing to the deposit william hill free slots no deposit guarantee.
This threat is aggravated by the higher deposit insurance limits the FDIC provides in contrast with the deposit insurance systems of many other countries.
There is no indication that Congress ever intended the DIF to have global liability.
Moreover, by its very nature, performing a deposit insurance determination for deposits in foreign branches could compromise the FDIC's ability to make timely deposit insurance payments.
The FDIC would likely face obstacles in trying to satisfy this statutory obligation when dealing with deposits in foreign branches.
These challenges could include interference with the FDIC's prompt and unfettered access to books and records of the foreign branch and being forced to deal with the impact of the local law applicable to the branch, including the appropriate role of the foreign jurisdiction's regulatory authorities.
In an extreme case, for example, FDIC representatives might be unable to obtain visas or other travel permits to enter the foreign jurisdiction.
Even if full access to the foreign branch's premises and deposit records were provided to the FDIC, access could be delayed for an indeterminate period of time.
Further, operational issues could not only impede the FDIC's prompt payment of deposit insurance to Start Printed Page 56588depositors of foreign branches of failed U.
Section-by-Section Analysis of the Final Rule The Final Rule makes three changes to the deposit insurance rules.
First, it adds to the current list of authorities two additional statutory references: FDI Act section 10 g and FDI Act section 11 d.
Lastly, in section 330.
The second paragraph clarifies that any deposit carried on the books and records of an office of a U.
In the third paragraph the Final Rule establishes, by rule of construction, that Overseas Military Banking Facilities operated under Department of Defense regulations, and 231, are not to be considered as located outside any State, as defined in section 3 a 3 of the FDI Act.
Summary Evaluation In identifying the need to clarify that deposits in foreign branches of U.
The Final Rule is consistent with statutory authority and objectives and would achieve the FDIC's mission of maintaining stability and public confidence in the nation's financial system by insuring deposits.
It would also help ensure the FDIC's ability to administer a failed U.
Further, the Final Rule would benefit the public by clarifying the treatment of foreign branch deposits during a resolution and by limiting the exposure to the DIF that could occur as a result of changes in the requirements for U.
The FDIC seeks to minimize to the extent practicable the burdens which the Final Rule could impose on the banking industry and the public.
While the FDIC recognizes that some Go here />Therefore, based on available information, the FDIC believes that the Final Rule itself would not impose any additional costs on the banking industry or the public.
Regulatory Analysis and Procedure A.
The Final Rule clarifies that deposit insurance is not available for deposits in foreign branches of U.
It does not require any new government deposits definition of information as contemplated by the PRA.
Consequently, no information has been submitted to the Office of Management and Budget for review.
Pursuant to Section 605 b of the RFA, the FDIC certifies that the Final Rule will not have a significant economic impact on a substantial number of small entities.
The Final Rule specifies that deposit insurance is inapplicable to deposits in foreign branches of U.
Using reports of condition and income and FFIEC form 030 reports filed within recent years, the FDIC best bank for deposits been able to identify only one bank that is considered a small entity for the purposes of the RFA that has a foreign branch and, thus, could be affected by the Final Rule.
The Final Rule, however, imposes no burdens on IDIs of any size because it clarifies only that foreign branch deposits are not insured and does not require any action on the part of U.
As SBREFA requires, the FDIC will file the appropriate reports with Congress and the General Accounting Office so that the Final Rule may be reviewed.
Plain Language Section 722 of the Gramm-Leach-Bliley Act113 Stat.
The FDIC has sought to present the Final Rule in a simple and straightforward manner.
The authority citation for part 330 is revised to read as follows: End Amendment Part Start Authority Authority: l1813 m1817 i1818 q1819 a Tenth1820 f1820 g1821 a1821 d1822 c.
End Authority Start Amendment Part 2.
For purposes of this paragraph eOverseas Military Banking Facilities operated under Department of Defense regulations, and 231, are not considered to be offices located outside any State, as referred to in paragraph e 1 of this section.
Dated at Washington, DC, this 10th day of September, 2013.
By order of the Board of Directors.
Federal Deposit Insurance Corporation.
End Signature End Supplemental Information Footnotes 9.
See FDIC Advisory Opinion 94-1, Letter of Acting General Counsel Douglas H.
Section 3 l was later amended to specify that an obligation carried on the books and records of a foreign office of a U.
Riegle Community Development and Regulatory Improvement Act, Public Law 103-325 1994section 326 b 2.
While section 41 of the FDI Act, r, generally prohibits the FDIC in its corporate capacity and other agencies from making any payment that would satisfy any claim against a bank for foreign branch deposits, the FDIC as receiver of a failed bank may make payments from the receivership estate to satisfy such claims.
Regulation D imposes uniform reserve requirements on all depository institutions with transaction accounts or non-personal time deposits.
See House Budget Committee Report, H.
Micronesia, the Marshall Islands, and Palau, formerly among the members of the Trust Territory of the Pacific Islands, are independent countries.
The FDI Act refers to the Trust Territory of the Pacific Government deposits definition, but the trusteeship of its former members has been terminated. government deposits definition government deposits definition government deposits definition government deposits definition government deposits definition government deposits definition

DNA Money: Analysing chit-funds, unregulated deposit schemes;Govt proposes strict law to check ponzi

Bank Deposits Government deposits definition

Governmental Unit Deposit Protection Act (GUDPA) Government deposits definition

Assume the desired reserve ratio is is 25% and the Optics Bank borrows $10,000 from the Bank of Canada. As a result a)chartered bank reserves increase by $10,000
Funds in an FDIC-insured bank account: The U.S. government insures your deposits in case your bank fails. At credit unions, deposits are NCUSIF-insured, which is just as safe as FDIC insurance. Security deposit: I have to pay the first month’s rent, and make a security deposit of $500 for my apartment. If I damage the property or disappear.
[2] If the city/county/district deposits are not entirely insured, disclose the amount that is uncollateralized. [3] If investments are uninsured, unregistered and held by the counterpart’s trust department or agency in the government’s name, disclose the circumstances.


01.03.2019 in 07:20 Nat:


02.03.2019 in 00:00 Faegore:

По-моему это очевидно. Я не стану говорить эту тему.

02.03.2019 in 21:02 Mazusar:


26.02.2019 in 22:39 Tugis:

Браво, какое отличное сообщение

03.03.2019 in 09:57 Douzilkree:

Извините, очищено

25.02.2019 in 23:29 Brazshura:

Просто, под столом

26.02.2019 in 18:30 Taushakar:

Интересует размещение рекламы на этом блоге.

23.02.2019 in 15:15 Kigarr:

Я считаю, что Вы допускаете ошибку. Могу отстоять свою позицию.

27.02.2019 in 04:02 Molmaran:

Рекомендую Вам посетить сайт, на котором есть много информации на интересующую Вас тему.

22.02.2019 in 22:42 Meztisida:


24.02.2019 in 01:44 Meztit:


03.03.2019 in 03:28 Zoloshakar:

Что-то так не выходит ничего

27.02.2019 in 21:14 Vujar:

На первом курсе учится труно первые несколько лет, потом будет легче! Любви все полости покорны! Волшебная палочка из русской сказки: махнешь три раза – и любое желание пропадает… Проститутка берёт деньги не за то, что спит с тобой , а за то, что не смотря на это она не треплет тебе нервы. Без труда не засунешь и туда ! Очковая змея – глист.

01.03.2019 in 09:36 Togis:

Это же урбанизация какая-то

04.03.2019 in 10:28 Mautaur:

Могу порекомендовать.

03.03.2019 in 08:41 Tejar:

Охотно принимаю. Тема интересна, приму участие в обсуждении. Вместе мы сможем прийти к правильному ответу.

04.03.2019 in 09:12 Mogor:

Большое спасибо за помощь в этом вопросе, теперь я буду знать.

28.02.2019 in 00:17 Mikat:

Вроде я в другом блоге уже видел про данную тему

02.03.2019 in 15:25 Mezilrajas:

Весьма полезная информация

01.03.2019 in 16:19 Dohn:

подробнее, плиз. Что за ошибка?

25.02.2019 in 00:45 Voodoogul:

Жаль не мое…..

25.02.2019 in 11:06 Dut:

Я считаю, что это — ваша ошибка.

25.02.2019 in 23:49 Nakus:

Мне тоже понравился!!!!!!!!!

27.02.2019 in 05:23 Murg:

Не вижу вашей логики

Total 24 comments.