savings purpose
1savings 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.… …
2Savings 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 …
3Savings bank — A savings bank is a financial institution whose primary purpose is accepting savings deposits. It may also perform some other functions.In Europe, savings banks originated in the 19th or sometimes even the 18th century. Their original objective… …
4savings bank — An institution that primarily accepts consumer savings deposits and to make home mortgage loans. Bloomberg Financial Dictionary * * * savings bank savings bank ➔ bank1 * * * savings bank UK US noun [C] BANKING, FINANCE ► a bank whose main purpose …
5savings — Money set aside by individuals, either for some special purpose or to provide an income at some time in the future (often after retirement). Money saved can be placed in a savings account with a bank or building society or an Individual Savings… …
6savings and loan association — One of a number of types of mutually owned, cooperative, savings associations, originally established for the primary purpose of making loans to members and others, usually for the purchase of real estate or homes; though in the 1980 s S & L s… …
7savings account — Accounts maintained in commercial and savings banks for purpose of accumulating money, in contrast to a checking Savings accounts generally yield interest on the deposited funds, though the trend is to also pay interest on checking account… …
8savings account — sav·ings ac·count || seɪvɪŋz‚ə kaÊŠnt bank account where funds are kept for the purpose of saving them and acquiring interest on them …
9multi-purpose savings — savings account which has flexible conditions and can be used for many purposes …
10Medical savings account (United States) — Health care in the United States Public health care Federal Employees Health Benefits Program Indian Health Service Medicaid Medicare Military Health System / TRICARE State Children s Health Insurance Program (SCHIP) Veterans Health… …
