Definition of depository financial institution

Definitions

Noun

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"

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Synonyms

bank banking company banking concern

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More General Terms

financial institution financial organisation financial organization

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More Specific Terms

acquirer agent bank commercial bank credit union Federal Reserve Bank full service bank Home Loan Bank lead bank member bank merchant bank reserve bank state bank thrift institution

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