| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,507,537,960 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Financial institution |
Also found in: Wikipedia, Hutchinson | 0.02 sec. |
|
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. Financial institution. Any institution that collects money and puts it into assets such as stocks, bonds, bank deposits, or loans is considered a financial institution. There are two types of financial institutions: depository institutions and nondepository institutions. Depository institutions, such as banks and credit unions, pay you interest on your deposits and use the deposits to make loans. Nondepository institutions, such as insurance companies, brokerage firms, and mutual fund companies, sell financial products. Many financial institutions provide both depository and nondepository services. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
Many insurers plan to improve their ability to compete through alliances with banks and other financial institutions for distribution of their products, particularly with respect to e-commerce. Staff of the federal agencies that supervise banks, thrift institutions, and credit unions issued guidance on December 12, 2001, to help financial institutions comply with these agencies' consumer privacy regulations. What: In today's financial environment, financial institutions are in constant competition for loyal customers. |
| Financial Dictionary |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|