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Definitions from the Web

FSCS

Definition: FSCS stands for Financial Services Compensation Scheme, which is a UK fund set up to protect consumers when authorized financial firms fail.

Part of Speech: Noun

Sense 1: The UK compensation scheme protecting consumers in the financial sector.

Example Sentence 1: If your bank goes bankrupt, you may be eligible for compensation from FSCS to recover your lost deposits.

Example Sentence 2: Investment firms registered with FSCS provide investors with an extra layer of protection.