Meaning | 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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Synonyms | financial institution, financial organization |
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Narrower | Federal Home Loan Bank System | The central credit system for thrift institutions |
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acquirer | The financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card |
central bank | A government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government |
clearing house | A central collection place where banks exchange checks or drafts |
depository financial institution, bank, banking concern, banking company | A financial institution that accepts deposits and channels the money into lending activities |
foundation | An institution supported by an endowment |
giro | A British financial system in which a bank or a post office transfers money from one account to another when they receive authorization to do so |
lending institution | A financial institution that makes loans |
nondepository financial institution | A financial institution that funds their investment activities from the sale of securities or insurance |
trust company, trust corporation | An organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services |
Broader | institution, establishment | An organization founded and united for a specific purpose |
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Spanish | institución financiera, organización financiera |
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Catalan | entitat financera |
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