financial institution

noun

: a company that deals with money (as a bank, savings and loan, credit union, etc.)
You can get a loan at a financial institution.

Examples of financial institution in a Sentence

Recent Examples on the Web The clip was even shot in Paris, France, not the country where the bank is located...but all the media attention that having Madonna appear in an ad will certainly be an upside to this partnership for the financial institution. Hugh McIntyre, Forbes, 23 Feb. 2024 And most builders or sellers won’t accept an offer without a buyer preapproval letter from a financial institution. Cameron Sullivan, The Mercury News, 1 Feb. 2024 In any follow-on activity, the scammers pose as either representatives of the financial institution or as an employee at the Federal Reserve or another US government agency. Dan Goodin, Ars Technica, 29 Jan. 2024 In their 2008 white paper, bitcoin’s pseudonymous inventor, Satoshi Nakamoto, outlined a vision for electronic cash that changes hands directly from person to person, under the control of no financial institution. Joel Khalili, WIRED, 11 Jan. 2024 Choose your account type Each financial institution sets different rules around who can sign up for what kind of savings accounts. Kerri Anne Renzulli, wsj.com, 10 Jan. 2024 Overdraft fees are charged when your financial institution determines that your checking account doesn’t have enough funds to cover an expense — but pays it anyway. Teri Sforza, Hartford Courant, 16 Jan. 2024 This reportedly came to light when a Texas credit union raised concerns about suspicious transactions to another financial institution. Adam Singer, Forbes, 28 Nov. 2023 All three are charged with one count of conspiracy to commit financial institution fraud and five counts of theft of government property, the office said. Phil Helsel, NBC News, 18 Nov. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'financial institution.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Financial institution.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/financial%20institution. Accessed 29 Mar. 2024.

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