English > depository financial institution: 1 sense > noun 1, group| Meaning | A financial institution that accepts deposits and channels the money into lending activities. |
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| Synonyms | bank, banking concern, banking company |
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| Member of | banking industry, banking system | banks collectively |
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| Narrower | Federal Reserve Bank, reserve bank | One of 12 regional banks that monitor and act as depositories for banks in their region |
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| Home Loan Bank | One of 11 regional banks that monitor and make short-term credit advances to thrift institutions in their region |
| acquirer | A corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock |
| agent bank | A bank that acts as an agent for a foreign bank |
| commercial bank, full service bank | A financial institution that accepts demand deposits and makes loans and provides other services for the public |
| credit union | A cooperative depository financial institution whose members can obtain loans from their combined savings |
| lead bank, agent bank | A bank named by a lending syndicate of several banks to protect their interests |
| member bank | A bank that is a member of the Federal Reserve System |
| merchant bank, acquirer | A credit card processing bank |
| state bank | A bank chartered by a state rather than by the federal government |
| thrift institution | A depository financial institution intended to encourage personal savings and home buying |
| Broader | financial institution, financial organization, financial organisation | An institution (public or private) that collects funds (from the public / public or other institutions) and invests them in financial assets |
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| Spanish | banca, banco |
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| Catalan | banca, banc |
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