Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• SECURITIES INVESTMENT PROTECTION CORPORATION (SIPC)
  
  Non-profit corporation established by Congress to insure securities and cash in customer accounts of member brokerage firms against loss from the failure of firms. Overall maximum is $500,000 of coverage per customer, with a limit of $100,000 for cash. It does not protect against market risks.
  
  Back