HyperDic: nondepository_financial_institution

English > 1 sense of the expression nondepository financial institution:
NOUNgroupnondepository financial institutiona financial institution that funds their investment activities from the sale of securities or insurance
English > nondepository financial institution: 1 sense > noun 1, group
MeaningA financial institution that funds their investment activities from the sale of securities or insurance.
Member ofmarket, securities industryThe securities markets in the aggregate
Narrowerbrokerage, brokerage firm, securities firmA stock broker's business
finance companyA financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses
insurance company, insurance firm, insurer, insurance underwriter, underwriterA financial institution that sells insurance
investment company, investment trust, investment firm, fundA financial institution that sells shares to individuals and invests in securities issued by other companies
pension fundA financial institution that collects regular contributions from employers to provide retirement income for employees
Broaderfinancial institution, financial organization, financial organisationAn institution (public or private) that collects funds (from the public / public or other institutions) and invests them in financial assets

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