Securities Investor Protection Corporation

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What does Securities Investor Protection Corporation mean? Read on to discover the definition & meaning of the term Securities Investor Protection Corporation - to help you better understand the language used in insurance policies.

Securities Investor Protection Corporation

Securities Investor Protection Corporation

The Securities Investor Protection Corporation (SIPC) is an organization created by legislative act in 1970 that provides insurance to clients of its brokerage firm members.

More Insurance Terms And Definitions

The Merriam-Webster Dictionary defines insurance as:

a: The business of insuring persons or property.

b: Coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.

c: The sum for which something is insured.

We hope the you have a better understanding of the meaning of Securities Investor Protection Corporation. If you are looking for the meanings of other important insurance terms and their definitions, just click on the letter below to find the words & concepts you are looking for:

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