What does thrift institution mean?
Definitions for thrift institution
thrift insti·tu·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word thrift institution.
Princeton's WordNet
thrift institutionnoun
a depository financial institution intended to encourage personal savings and home buying
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thrift institution
A thrift institution is a financial institution or organization that primarily accepts deposits and provides loans for mortgages, commercial properties, personal loans, and vehicle loans. They tend to offer higher interest rates than traditional banks on savings accounts and term deposits. The main goal of a thrift institution, also known as a building society or mutual savings bank, is to promote saving and investment among the middle class. Examples include credit unions and savings and loan associations.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of thrift institution in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of thrift institution in Pythagorean Numerology is: 8
Translations for thrift institution
From our Multilingual Translation Dictionary
- 储蓄机构Chinese
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"thrift institution." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/thrift+institution>.
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