thrift institution

thrift institution
a depository financial institution intended to encourage personal savings and home buying

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see thrift II

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thrift institution,
a savings and loan association, credit union, or similar financial institution that accepts savings.

Useful english dictionary. 2012.

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Look at other dictionaries:

  • thrift institution — n. A savings and loan or savings bank; also called a thrift The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. thrift institution …   Law dictionary

  • thrift institution — An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions. Bloomberg Financial Dictionary * * * thrift institution UK US noun [C] (also thrift) BANKING, PROPERTY …   Financial and business terms

  • thrift institution — noun see thrift …   New Collegiate Dictionary

  • thrift institution — body that deposits money for savings …   English contemporary dictionary

  • Thrift Institution Advisory Council — ( TIAC) A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts. The group is comprised of representatives of savings banks,… …   Financial and business terms

  • thrift — [θrɪft] noun 1. [countable] also thrift institution FINANCE ORGANIZATIONS in the US, a Savings and Loan Association or savings bank …   Financial and business terms

  • thrift — n: an institution that promotes saving and provides mortgages; esp: savings and loan association – called also thrift institution; Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • institution — in‧sti‧tu‧tion [ˌɪnstˈtjuːʆn ǁ ˈtuː ] noun 1. [countable] a large important organization: • Japanese institutions are steadily increasing their presence in Europe. • the Royal Institution of Chartered Surveyors deˈpository instiˌtution… …   Financial and business terms

  • thrift — [ θrıft ] noun 1. ) uncount the practice of spending money carefully so that you do not waste any 2. ) thrift or thrift institution count AMERICAN an institution similar to a bank that allows its members to save or borrow money …   Usage of the words and phrases in modern English

  • thrift — [thrift] n. [ME < ON < thrifast, to prosper: see THRIVE] 1. Obs. a) the condition of thriving; prosperity b) physical thriving; vigorous growth 2. careful management of one s money or resources; economy; frugality 3. any of a genus (Armeria …   English World dictionary

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