What is the meaning of savings and loan?

noun

  • A thrift institution that is required by law to make a certain percentage of its loans as home mortgages.
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APAWordNet. (2010). savings and loan. Retrieved September 26, 2026, from http://smartdefine.org/savings_and_loan/definitions/1223840
ChicagoWordNet. 2010. "savings and loan" http://smartdefine.org/savings_and_loan/definitions/1223840 (accessed September 26, 2026).
HarvardWordNet 2010, savings and loan, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/savings_and_loan/definitions/1223840>.
MLAWordNet. "savings and loan" 23 October 2010. Web. 26 September 2026. <http://smartdefine.org/savings_and_loan/definitions/1223840>