| NOUN | group | thrift institution | a depository financial institution intended to encourage personal savings and home buying |
|---|
| Meaning | A depository financial institution intended to encourage personal savings and home buying. | |
|---|---|---|
| Narrower | 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 |
| savings bank | A thrift institution in the northeastern United States | |
| Broader | depository financial institution, bank, banking concern, banking company | A financial institution that accepts deposits and channels the money into lending activities |
| Spanish | entidad de ahorros | |
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