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savings and loan

/ˈseɪvɪŋz ənd ləʊn/

1 entry

phrase

/ˈseɪvɪŋz ənd ləʊn/C1formalamericanbusiness
  • ruТип финансового учреждения, также известный как ссудо-сберегательная ассоциация, которое в основном принимает сберегательные вклады и выдает ипотечные кредиты. Исторически эти учреждения были сосредоточены на жилищной ипотеке и строго регулировались в США.

A type of financial institution, also known as a thrift, that primarily accepts savings deposits and makes mortgage loans. These institutions were historically focused on residential mortgages and were heavily regulated in the United States.

  1. B2formalamerican

    A type of financial institution that specializes in accepting savings deposits and making mortgage loans.

    ruСберегательно-кредитная организация

    • The savings and loan offered competitive interest rates on home mortgages.
    • Many savings and loan associations failed during the financial crisis.
    • He deposited his money in a local savings and loan.