Savings And Loan Association

Business / Finance / Savings And Loan Association: National- or state-chartered institution that accepts savings deposits and invests the bulk of the funds thus received in mortgages.

Other Words for Association

Association Noun Synonyms: society, organization, confederation, confederacy, federation, league, union, alliance, guild, coalition, group, syndicate, combine, consortium, cooperative
MORE

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation
MORE

Other Words for Savings

Savings Adjective Synonyms: resources, reserve, cache, hoard, nest egg
MORE

Mutual Association

Business / Finance / Mutual Association: A savings and loan association organized as a cooperative. Members purchase shares, vote on association affairs, and receive income in the form of dividends. MORE

Savings And Loan Association (S and L)

Business / Real Estate / Savings And Loan Association (S and L): A financial institution whose principal function is to promote thrift and home ownership. Depositors earn interest on their deposits, often at a higher rate than is offered at commercial banks. The S& MORE

Federal Home Loan Bank System (FHLB)

Business / Real Estate / Federal Home Loan Bank System (FHLB): Regulates the nations savings and loan associations, much like the Federal Reserve governs the commercial banking industry. MORE

Policy Loan

Business / Finance / Policy Loan: A loan often made at a below-market interest rate from an insurance company to a policyholder that is secured by the cash surrender value of a life insurance policy. MORE

Portfolio Loan

Business / Real Estate / Portfolio Loan: A loan originated and maintained by the lender and not sold in the secondary mortgage market. MORE

Policyholder Loan Bonds

Business / Finance / Policyholder Loan Bonds: Packaged loans acquired by policyholders that are secured by the cash surrender value of the policies, and are offered by a broker/dealer as bonds. MORE

Links
Home
Glossary
Thesaurus