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Depository financial institution

British pronunciation/dɪpˈɒsɪtəɹˌi faɪnˈanʃəl ˌɪnstɪtjˈuːʃən/
American pronunciation/dɪpˈɑːsɪtˌoːɹi faɪnˈænʃəl ˌɪnstɪtˈuːʃən/
Depository financial institution
[NOUN]
1

a financial institution that accepts deposits and channels the money into lending activities

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depository financial institution definition and meaning
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