| 单词 | savings and loan |
| 释义 | savings and loan also savings and loans singular noun [usually NOUN noun] A savings and loan association is a business where people save money to earn interest, and which lends money to savers to buy houses. Compare building society. [mainly US, business]savings and loan in British English (ˈseɪvɪŋz ənd ləʊn) noun US another name for building society savings and loan in Finance (seɪvɪŋz ənd loʊn) Word forms: (regular plural) savings and loans noun (Finance: Banking) A savings and loan is a financial institution that takes savings deposits and makes mortgage loans. Mortgage-backed bond prices also rose even though the nation's savings and loan associations continued to liquidate large amounts of the securities. The savings and loan industry is the leading source of institutional finance for residential home mortgagesin America. A savings and loan is a financial institution that takes savings deposits and makes mortgage loans. |
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