savings and loan association

Definizione e significato di "savings and loan association"in inglese

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

Dialectamerican flagAmerican
example
Esempi
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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