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financial institution

   Also found in: Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.financial institution - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
institution, establishment - an organization founded and united for a specific purpose
giro - a British financial system in which a bank or a post office transfers money from one account to another when they receive authorization to do so
clearing house - a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted
lending institution - a financial institution that makes loans
central bank - a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government
foundation - an institution supported by an endowment
acquirer - the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card
nondepository financial institution - a financial institution that funds their investment activities from the sale of securities or insurance
banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"
Federal Home Loan Bank System - the central credit system for thrift institutions
trust company, trust corporation - an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services


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50 billion Banco Pactual, a Brazilian financial institution.
If a financial institution does not block and report a cross-border ACH transfer and another financial institution does, then it may face civil or even criminal penalties," Salaris said.
No legitimate financial institution will ever ask its customers to verify their account information online.
 
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