SAVINGS AND LOAN ASSOCIATION


Meaning of SAVINGS AND LOAN ASSOCIATION in English

transcription, транскрипция: [ noun ]

Date: 1884

: a cooperative association organized to hold savings of members in the form of dividend-bearing shares and to invest chiefly in home mortgage loans — called also savings and loan

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.