HyperDic: savings_and_loan

English > 1 sense of the expression *savings and loan*:
NOUN	group	savings and loan, savings and loan association	a thrift institution that is required by law to make a certain percentage of its loans as home mortgages

English > *savings and loan*: 1 sense > noun 1, group
Meaning	A thrift institution that is required by law to make a certain percentage of its loans as home mortgages.
Synonym	savings and loan association
Narrower	building society	British equivalent of United States savings and loan association
Broader	thrift institution	A depository financial institution intended to encourage personal savings and home buying