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savings institution

См. также в других словарях:

  • savings and loan association — a cooperative savings institution, chartered and regulated by a state or the federal government, that receives deposits in exchange for shares of ownership and invests its funds chiefly in loans secured by first mortgages on homes. Also called… …   Universalium

  • savings and loan association — noun a thrift institution that is required by law to make a certain percentage of its loans as home mortgages • Syn: ↑savings and loan • Hypernyms: ↑thrift institution • Hyponyms: ↑building society * * * noun : a cooperative association …   Useful english dictionary

  • savings and loan association — sav′ings and loan′ associa tion n. bus a government regulated savings institution in which deposits are exchanged for shares of ownership and funds are invested chiefly in home mortgages …   From formal English to slang

  • Savings account — Savings accounts are accounts maintained by retail financial institutions that pay interest but can not be used directly as money (by, for example, writing a cheque). These accounts let customers set aside a portion of their liquid assets while… …   Wikipedia

  • savings and loan association — sav·ings and loan association n: a cooperative association organized to hold savings of members in the form of dividend bearing shares and to invest chiefly in home mortgage loans Merriam Webster’s Dictionary of Law. Merriam Webster. 1996.… …   Law dictionary

  • savings and loan — A banking and lending institution chartered either by a state government or the federal government. Savings and loans institutions take savings deposits, upon which they pay interest slightly higher than that paid by most banks, and they make… …   Law dictionary

  • savings bank — ► NOUN ▪ a non profit making financial institution receiving small deposits at interest …   English terms dictionary

  • Savings and loan association — A savings and loan association, also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage loans. The term is mainly used in the United States; similar institutions in the United Kingdom …   Wikipedia

  • Savings and loan crisis — The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S L crisis) was the failure of 747 savings and loan associations (S Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around… …   Wikipedia

  • savings bank — a bank that receives savings accounts only and pays interest to its depositors. [1810 20] * * * Financial institution that gathers savings and pays interest or dividends to savers. It channels the savings of individuals who wish to consume less… …   Universalium

  • Savings bank (Spain) — In Spain, a savings bank (Spanish: caja de ahorro or informally just caja , Catalan: caixa d estalvis ) is a financial institution which specializes in accepting savings deposits and granting loans. Their original aim was to create the habit of… …   Wikipedia

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