savings and loan association 
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savings and loan association definition
☆ savings and loan association
a depositor-owned organization that solicits savings to be placed in saving accounts or in share accounts, on which interest or dividends are paid, and from which mortgage loans on homes or real estate are made
Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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MLA Style
"savings and loan association." Webster's New World College Dictionary. 2009
- Your Dictionary. 5 July 2009
- <www.yourdictionary.com/savings-and-loan-association>
APA Style
savings and loan association. (2009). In Webster's New World College Dictionary
- Retrieved July 5th, 2009, from www.yourdictionary.com/savings-and-loan-association
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