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Institutional Deposits Corporation (IDC): Overview, How It Works

Financial Concepts

Definition

The term Institutional Deposits Corporation (IDC) refers to an organization that allows investors to make large deposits and still receive Federal Deposit Insurance Corporation (FDIC) insurance for the entire amount. Founded in 2000, the IDC oversees the Money Market Account Xtra (MMAX) program, which provides depositors with an efficient way to make large deposits and secure FDIC insurance. The

In Panel Profits

In the Panel Profits market platform, Institutional Deposits Corporation (IDC): Overview, How It Works applies standard financial concepts principles to comic assets and physical collections.

Common mistakes

Do not infer unobserved prices.