Definition of Savings And Loan Association in English :

Define Savings And Loan Association in English

Savings And Loan Association meaning in English

Meaning of Savings And Loan Association in English

Pronunciation of Savings And Loan Association in English

Savings And Loan Association pronunciation in English

Pronounce Savings And Loan Association in English

Savings And Loan Association

see synonyms of savings and loan association

Noun

1. savings and loan, savings and loan association

a thrift institution that is required by law to make a certain percentage of its loans as home mortgages

WordNet Lexical Database for English. Princeton University. 2010.


Savings And Loan Association

see synonyms of savings and loan association
noun
a US name for a building society

Collins English Dictionary. Copyright © HarperCollins Publishers


Savings And Loan Association

see synonyms of savings and loan association
a depositor-owned organization that solicits savings to be placed in saving accounts or in share accounts, on which interest or dividends are paid, and from which mortgage loans on homes or real estate are made

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


Savings And Loan Association

see synonyms of savings and loan association
n. Abbr. S & L
A financial institution, organized cooperatively or corporately, that holds the funds of its members or clients in interest-bearing accounts and certificates of deposit, invests these funds chiefly in home mortgage loans and may also offer checking accounts and other banking services.

The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.