nondepository financial institution


Also found in: Thesaurus.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.nondepository financial institution - a financial institution that funds their investment activities from the sale of securities or insurance
financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
brokerage, brokerage firm, securities firm - a stock broker's business; charges a fee to act as intermediary between buyer and seller
insurance company, insurance firm, insurance underwriter, insurer, underwriter - a financial institution that sells insurance
pension fund - a financial institution that collects regular contributions from employers to provide retirement income for employees
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies
securities industry, market - the securities markets in the aggregate; "the market always frustrates the small investor"
finance company - a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses
References in periodicals archive ?
Nondepository financial institutions and nonfinancial suppliers Nondepository financial institution Category Any Finance Brokerage company All firms, 1998 32.
There are the more complex automatic default rules of Dodd-Frank, the risk of more litigation, the possibility of a free pass for the unregulated nondepository financial institutions," she said, describing what would happen should the CFPB be eliminated.
Nondepository financial institutions can also become illiquid--for example, an investment house such as Bear Stearns or Lehman Brothers or an insurance company such as AIG.
The Department of Justice has stated that the higher than normal HHI thresholds for screening bank mergers for anticompetitive effects implicitly recognize the competitive effects of limited-purpose lenders and other nondepository financial institutions.
The DOJ has stated that the higher than normal HHI thresholds for screening bank mergers for anticompetitive effects implicitly recognize the competitive effects of limited-purpose lenders and other nondepository financial institutions.