Deposit Guarantee Scheme and PVIFA: Difference between pages

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(DGS).
Present Value Interest Factor of an Annuity.


A scheme that guarantees certain bank depositors' funds (subject to specified limits) should the bank fail.
The same as Annuity Factor.




With effect from 2016, the guaranteed amount in the UK is limited to £75,000 (previously £85,000).
== See also ==
* [[Annuity factor]]


The limits were established as the approximate domestic currency equivalent of EUR 100,000.
[[Category:The_business_context]]
 
 
==See also==
* [[FSCS]]
* [[Too Big To Fail]]
* [[Retail]]
* [[Stability]]
* [[Systemically Important Financial Institution]]

Latest revision as of 14:50, 26 June 2022

Present Value Interest Factor of an Annuity.

The same as Annuity Factor.


See also