“loan association”

The following 4 entries include the term loan association.

savings and loan association

noun

: a cooperative association organized to hold savings of members in the form of dividend-bearing shares and to invest chiefly in home mortgage loans

building and loan association

noun

mutual loan association

noun

terminating building and loan association

noun

: a savings and loan association whose members have provided by their articles of association that upon their shares all attaining the value specified in the articles that value shall be paid to the shareholders and the society dissolved


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