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thrift institution

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.thrift institution - a depository financial institution intended to encourage personal savings and home buying
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"
savings and loan, savings and loan association - a thrift institution that is required by law to make a certain percentage of its loans as home mortgages
savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks


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