What does Sacco mean?

Definitions for Sacco
ˈsæk oʊsac·co

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Sacco.

Princeton's WordNet

  1. Sacco, Nicola Sacconoun

    United States anarchist (born in Italy) who with Bartolomeo Vanzetti was convicted of murder and in spite of world-wide protest was executed (1891-1927)

Wiktionary

  1. SACCOnoun

    Acronym of Savings and Credit Co-operative; a credit union.

Wikipedia

  1. sacco

    A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies).Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016.Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative to credit unions and were two and a half times more likely to fail during the crisis. American credit unions more than doubled lending to small businesses between 2008 and 2016, from $30 billion to $60 billion, while lending to small businesses overall during the same period declined by around $100 billion. In the US, public trust in credit unions stands at 60%, compared to 30% for big banks. Furthermore, small businesses are 80% less likely to be dissatisfied with a credit union than with a big bank."Natural-person credit unions" (also called "retail credit unions" or "consumer credit unions") serve individuals, as distinguished from "corporate credit unions", which serve other credit unions.

ChatGPT

  1. sacco

    A SACCO, or Savings and Credit Cooperative Organization, is a type of financial cooperative that is owned and controlled by its members who have a common bond, such as working in the same industry or living in the same community. SACCOs provide their members with a safe place to save money and access to credit at reasonable rates. They operate under the principles of self-help, mutual assistance, and member participation, with the goal of promoting economic wellbeing among their members.

Wikidata

  1. Sacco

    Sacco is a town and comune in the province of Salerno in the Campania region of south-western Italy. As of 2011, its population was 582.

Surnames Frequency by Census Records

  1. SACCO

    According to the U.S. Census Bureau, Sacco is ranked #5051 in terms of the most common surnames in America.

    The Sacco surname appeared 6,942 times in the 2010 census and if you were to sample 100,000 people in the United States, approximately 2 would have the surname Sacco.

    94.6% or 6,570 total occurrences were White.
    2.9% or 207 total occurrences were of Hispanic origin.
    0.9% or 67 total occurrences were of two or more races.
    0.7% or 52 total occurrences were Asian.
    0.3% or 25 total occurrences were Black.
    0.3% or 21 total occurrences were American Indian or Alaskan Native.

Matched Categories

How to pronounce Sacco?

How to say Sacco in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of Sacco in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of Sacco in Pythagorean Numerology is: 5

Popularity rank by frequency of use

Sacco#10000#60937#100000

Translations for Sacco

From our Multilingual Translation Dictionary

Get even more translations for Sacco »

Translation

Find a translation for the Sacco definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"Sacco." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/Sacco>.

Discuss these Sacco definitions with the community:

0 Comments

    Are we missing a good definition for Sacco? Don't keep it to yourself...

    Image or illustration of

    Sacco

    Credit »

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    an embarrassing mistake
    A knead
    B abet
    C huff
    D flub

    Nearby & related entries:

    Alternative searches for Sacco: