savings and loan association

Ορισμός και σημασία του "savings and loan association"στα αγγλικά

savings and loan association
01

an organization that lends money to people for buying a house or pays interest on the money that they save there

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example
Παραδείγματα
Depositors trusted the stability of the savings and loan association, knowing that their savings were insured by the Federal Deposit Insurance Corporation ( FDIC ).
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