Test Your Vocabulary

Take Our 10-Question Quiz

Name That Thing

Take our visual vocab quiz

Test Your Knowledge »

True or False?

A quick quiz about stuff worth knowing

Take It Now »

Join Us on FB & Twitter

Get the Word of the Day and More

Facebook | Twitter
  1. Word Games
  2. Word of the Day
  3. New Words & Slang
  4. Video
 

savings and loan association


savings and loan association

noun

Definition of SAVINGS AND LOAN ASSOCIATION

: a cooperative association organized to hold savings of members in the form of dividend-bearing shares and to invest chiefly in home mortgage loans —called also savings and loan
See savings and loan association defined for English-language learners »
See savings and loan association defined for kids »

First Known Use of SAVINGS AND LOAN ASSOCIATION

1884

Learn More About SAVINGS AND LOAN ASSOCIATION

Browse

Next Word in the Dictionary: savings bank
Previous Word in the Dictionary: savings account
All Words Near: savings and loan association

Seen & Heard

What made you want to look up savings and loan association? Please tell us where you read or heard it (including the quote, if possible).