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SAVINGS AND LOAN

Pronunciation (US):

Dictionary entry overview: What does savings and loan mean?

• SAVINGS AND LOAN (noun)
The noun SAVINGS AND LOAN has 1 sense:

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

Familiarity information: SAVINGS AND LOAN used as a noun is very rare.

Dictionary entry details

• SAVINGS AND LOAN (noun)

Sense 1

savings and loan ^{[BACK TO TOP]}

Meaning:

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

Classified under:

Nouns denoting groupings of people or objects

Synonyms:

savings and loan; savings and loan association

Hypernyms ("savings and loan" is a kind of...):

thrift institution (a depository financial institution intended to encourage personal savings and home buying)

Hyponyms (each of the following is a kind of "savings and loan"):

building society (British equivalent of United States savings and loan association)

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