| NOUN | group | savings and loan association, savings and loan | a thrift institution that is required by law to make a certain percentage of its loans as home mortgages |
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| Meaning | A thrift institution that is required by law to make a certain percentage of its loans as home mortgages. | |
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| Synonym | savings and loan | |
| 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 |
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