savings and loans

savings and loans

English dictionary. 2008.

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  • Old Court Savings and Loans — (Old Court Thrift Savings) was a state bank headquartered in Pikesville, Maryland, United States, that failed due to embezzlement by its president, Jeffrey Levitt. Contents 1 Collapse of state deposit insurance corporation 2 Conviction of Levitt …   Wikipedia

  • Coop Savings and Loans Limited — Type Public Industry Mortgage Institution, Investment Services Founded Nigeria (1994) Headquarters 15, Sev …   Wikipedia

  • savings and loan — A banking and lending institution chartered either by a state government or the federal government. Savings and loans institutions take savings deposits, upon which they pay interest slightly higher than that paid by most banks, and they make… …   Law dictionary

  • Savings and loan association — A savings and loan association, also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage loans. The term is mainly used in the United States; similar institutions in the United Kingdom …   Wikipedia

  • Savings and loan crisis — The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S L crisis) was the failure of 747 savings and loan associations (S Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around… …   Wikipedia

  • Savings-and-Loan-Krise — Die Savings and Loan Krise (englisch Savings and Loan Crisis) war eine Bankenkrise in den 1980er Jahren in den Vereinigten Staaten. Über 1.000 Savings and Loans in den USA brachen im Rahmen der Krise zusammen. Der Gesamtschaden betrug über 150… …   Deutsch Wikipedia

  • savings and loan — also savings and loans N SING: usu N n A savings and loan association is a business where people save money to earn interest, and which lends money to savers to buy houses. Compare building society. [mainly AM] …   English dictionary

  • savings and loan association — sav·ings and loan association n: a cooperative association organized to hold savings of members in the form of dividend bearing shares and to invest chiefly in home mortgage loans Merriam Webster’s Dictionary of Law. Merriam Webster. 1996.… …   Law dictionary

  • savings and loan association — ☆ savings and loan association n. a depositor owned organization that solicits savings to be placed in saving accounts or in share accounts, on which interest or dividends are paid, and from which mortgage loans on homes or real estate are made …   English World dictionary

  • savings and loan association — noun a thrift institution that is required by law to make a certain percentage of its loans as home mortgages • Syn: ↑savings and loan • Hypernyms: ↑thrift institution • Hyponyms: ↑building society * * * noun : a cooperative association …   Useful english dictionary

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