Vocab Bloom Hub

thrift institution

/θrɪft ˌɪnstɪˈtjuːʃən/

Traducción: Institución financiera que principalmente acepta depósitos de ahorro y se especializa en otorgar préstamos hipotecarios para vivienda, como asociaciones de ahorro y préstamo o cooperativas de crédito.

1 entrada

phrase

/θrɪft ˌɪnstɪˈtjuːʃən/C1formalamericanbusiness
  • esInstitución financiera que principalmente acepta depósitos de ahorro y se especializa en otorgar préstamos hipotecarios para vivienda, como asociaciones de ahorro y préstamo o cooperativas de crédito.

A financial institution that primarily accepts savings deposits and specializes in providing home mortgage loans, such as savings and loan associations or credit unions.

  1. C1formalamerican

    A financial institution that specializes in accepting savings deposits and making mortgage loans, often known as a savings and loan association or building society.

    esinstitución de ahorro y préstamo

    • The thrift institution offered competitive rates on home mortgages.
    • Many thrift institutions were established to promote home ownership.
    • She deposited her savings in a local thrift institution.