Deposit Guarantee Scheme and Mn: Difference between pages

Revision as of 14:47, 30 August 2016

'mn' means one million (1,000,000).

For example EUR 100mn = EUR 100,000,000.

Sometimes written 'm', 'M' or 'mio'.

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-(DGS).
+{{lowercase}}
+'mn' means one million (1,000,000).
-A scheme that guarantees certain bank depositors' funds (subject to specified limits) should the bank fail.
+For example EUR 100mn = EUR 100,000,000.
-With effect from 2016, the guaranteed amount in the UK is limited to £75,000 (previously £85,000).
+Sometimes written 'm', 'M' or 'mio'.
-The limits were established as the approximate domestic currency equivalent of EUR 100,000.
 ==See also==
-* [[FSCS]]
+* [[AAA]]
-* [[Too Big To Fail]]
+* [[Billion]]
-* [[Systemically Important Financial Institution]]
+* [[bn]]
+* [[k]]
+* [[mf]]
+* [[Money market fund]]