Advertising

Savings and loan association

• Federal- or state-chartered institution that accepts savings deposits and invests the bulk of the funds thus received in mortgages.

• National- or state-chartered institution that accepts savings deposits and invests the bulk of the funds thus received in mortgages.

 
 

Follow this link for all the terms related to loan.

 
 Embedded terms in definition
 Savings deposit
 
 Related Terms
 

<< Samurai market Savings deposit >>

Practical Advice for Everyone on How to Save and Manage Money: No matter how old or young you are, there are some basic things you can do to better manage and protect your money. Here are recommendations from FDIC Consumer News. More...

Always behave like a duck--keep calm and unruffled on the surface but paddle like the devil underneath. - Jacob Braude

Advertising



Copyright 2009-2018 GVC. All rights reserved.