savings and loan

noun

Definition of savings and loan

US

  1. :  a business that is like a bank and that holds and invests the money saved by its members and makes loans to home buyers

Word by Word Definitions

savingsavings
  1. :  preservation from danger or destruction :  deliverance

    :  the act or an instance of economizing

    :  money put by

  1. :  except, save

    :  without disrespect to

  1. :  except, save

loanplay
  1. :  money lent at interest

    :  something lent usually for the borrower's temporary use

    :  the grant of temporary use

  1. :  lend


Seen and Heard

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