What is the meaning of savings and loan association?

Subtopics: S&L 

noun

  • A thrift institution that is required by law to make a certain percentage of its loans as home mortgages.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). savings and loan association. Retrieved September 30, 2026, from http://smartdefine.org/savings_and_loan_association/definitions/1308754
ChicagoWordNet. 2010. "savings and loan association" http://smartdefine.org/savings_and_loan_association/definitions/1308754 (accessed September 30, 2026).
HarvardWordNet 2010, savings and loan association, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/savings_and_loan_association/definitions/1308754>.
MLAWordNet. "savings and loan association" 23 October 2010. Web. 30 September 2026. <http://smartdefine.org/savings_and_loan_association/definitions/1308754>
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