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Depository financial institution
/dɪpˈɑzətˌɔri
fənˈænʃəl
ˌɪnstɪtˈuʃən/
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Depository financial institution
noun
1.
A financial institution that accepts deposits and channels the money into lending activities.
Synonyms:
bank
,
banking company
,
banking concern
.
"That bank holds the mortgage on my home"
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Etymology of 'Depository financial institution'
WordNet 3.0 © 2010 Princeton University
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