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Financial institution |
Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.07 sec. |
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Financial institution An enterprise such as a bank whose primary business and function is to collect money from the public and invest it in financial assets such as stocks and bonds. |
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? Mentioned in | ? References in periodicals archive | |
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50 billion Banco Pactual, a Brazilian financial institution. If a financial institution does not block and report a cross-border ACH transfer and another financial institution does, then it may face civil or even criminal penalties," Salaris said. No legitimate financial institution will ever ask its customers to verify their account information online. |
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