What is the meaning of depository financial institution?

noun

  • A financial institution that accepts deposits and channels the money into lending activities.
    • usage: "he cashed a check at the bank"; "that bank holds the mortgage on my home"
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). depository financial institution. Retrieved September 20, 2026, from http://smartdefine.org/depository_financial_institution/definitions/1223830
ChicagoWordNet. 2010. "depository financial institution" http://smartdefine.org/depository_financial_institution/definitions/1223830 (accessed September 20, 2026).
HarvardWordNet 2010, depository financial institution, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/depository_financial_institution/definitions/1223830>.
MLAWordNet. "depository financial institution" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/depository_financial_institution/definitions/1223830>