What is the meaning of nondepository financial institution?

nondepository financial institution is a company that deals in financial instruments but does not accept deposits. Examples are insurance companies and brokerage firms.

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APABarry Goldsmith. (2010). nondepository financial institution. Retrieved September 30, 2026, from http://smartdefine.org/nondepository_financial_institution/definitions/1159256
ChicagoBarry Goldsmith. 2010. "nondepository financial institution" http://smartdefine.org/nondepository_financial_institution/definitions/1159256 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, nondepository financial institution, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/nondepository_financial_institution/definitions/1159256>.
MLABarry Goldsmith. "nondepository financial institution" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/nondepository_financial_institution/definitions/1159256>
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