savings and loan.

listen to the pronunciation of savings and loan.
English - Turkish
tasarruf ve kredi
English - English
S&L
bank which gives loans
a thrift institution that is required by law to make a certain percentage of its loans as home mortgages
A savings and loan association is a business where people save money to earn interest, and which lends money to savers to buy houses. Compare building society. a business, similar to a bank, that lends money, and into which you pay money that you want to save British Equivalent: building society
savings and loan.
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