Definition of thrift institution Thrift institution
We found 1 definitions of thrift institution from 1 different sources.
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What does thrift institution mean?
WordNet
Noun |
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| thrift institution - a depository financial institution intended to encourage personal savings and home buying | ||
| banking company, banking concern, depository financial institution, bank a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home" | ||
| savings and loan, savings and loan association a thrift institution that is required by law to make a certain percentage of its loans as home mortgages | ||
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