depository financial institution

depository financial institution
noun
a financial institution that accepts deposits and channels the money into lending activities
-

he cashed a check at the bank

-

that bank holds the mortgage on my home

Derivationally related forms: ↑bank (for: ↑bank)
Hyponyms:
Member Holonyms: ↑banking industry, ↑banking system

Useful english dictionary. 2012.

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