Meaning SAVINGS AND LOAN ASSOCIATION: National- or state-chartered institution that accepts savings deposits and invests the bulk of the funds thus received in mortgages
More terms such as Savings and loan association in Dictionary S.
- Definition Standby Fee:
- Examples Amount paid to an underwriter who agrees to purchase any stock that is not purchased by public investors in a rights offering savings and loan association definition.
- Definition Sell-Side Analyst:
- Examples A financial analyst who works for a brokerage firm and whose recommendations are passed on to the brokerage firm's customers. Also called a Wall Street analyst savings and loan association explain.
- Definition Supermajority Amendment:
- Examples Often used in risk arbitrage. Corporate amendment requiring that a substantial majority (usually 67% to 90%) of stockholders approve important transactions, such as mergers savings and loan association what is.
- Definition Stock Insurance Company:
- Examples An insurance company owned by a group of stockholders, who are not necessarily policyholders savings and loan association meaning.
- Definition Structured Note:
- Examples A derivative investment that will change in value with movements of an underlying index; or a note whose issuer makes swap arrangements to alter its required cash flows savings and loan association abbreviation.