Definition of Mutual Savings Bank in English :

Define Mutual Savings Bank in English

Mutual Savings Bank meaning in English

Meaning of Mutual Savings Bank in English

Pronunciation of Mutual Savings Bank in English

Mutual Savings Bank pronunciation in English

Pronounce Mutual Savings Bank in English

Mutual Savings Bank

see synonyms of mutual savings bank

Noun

1. msb, mutual savings bank

a state-chartered savings bank owned by its depositors and managed by a board of trustees

WordNet Lexical Database for English. Princeton University. 2010.


Mutual Savings Bank

see synonyms of mutual savings bank
noun
mainly US
a savings bank having no subscribed capital stock and distributing all available net profit to depositors who, however, remain creditors without voting power

Collins English Dictionary. Copyright © HarperCollins Publishers


Mutual Savings Bank

see synonyms of mutual savings bank
a savings bank that has no capital, its depositors sharing all the net profits

Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.