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SIPC (Pronounced ‘Si-Pick’) (U.S.)

Acronym for the Securities Investor Protection Corporation, a corporation created by Congress (although not a government agency) which will provide funds to protect investors cash and stocks left with brokers who are covered by SIPC should the brokerage firm fail. There are, however, definite limits to the amounts SIPC will provide and to the circumstances under which such payments will be made.

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