Term of Day
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and soundness of a
, in terms of a
Federal Deposit Insurance Corporation (FDIC)
. The FDIC rates banks on a
of 1 to 5. Ratings of 1 and 2 indicate that a bank is sound. Ratings of 4 and 5 indicate that a bank has serious problems. A rating of 5 is assigned to banks that have a
of failing within the next 12 months.
letter of credi...
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