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Financial institution   /fənˈænʃəl ˌɪnstɪtˈuʃən/   Listen
Financial institution

noun
1.
An institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets.  Synonyms: financial organisation, financial organization.



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"Financial institution" Quotes from Famous Books



... negotiating with representatives of the twenty Latin American Republics for the creation of an inter-American financial institution. Its purpose would be to join all the American Republics in a common institution which would promote and finance development in Latin America, and make more effective the use of capital from the World Bank, the Export-Import Bank, and ...
— Complete State of the Union Addresses from 1790 to the Present • Various

... in February 2007. In addition, the 10-year privatization of Japan Post, which has functioned not only as the national postal delivery system but also, through its banking and insurance facilities as Japan's largest financial institution, was completed in October 2007, marking a major milestone in the process of structural reform. Nevertheless, Japan's huge government debt, which totals 182% of GDP, and the aging of the population are two major ...
— The 2008 CIA World Factbook • United States. Central Intelligence Agency.

... worth $200, and he must offer suitable security for his loan, usually the lot on which he is to build. The money is not lent to him at regular rates of interest, as in the case of a savings bank or other financial institution, but is put up at auction usually in open meeting at the time of the payment of dues, and is awarded to the member bidding the highest premium. To secure the $1000 borrowed, the member gives the association ...
— Encyclopaedia Britannica, 11th Edition, Volume 4, Part 3 - "Brescia" to "Bulgaria" • Various

... to know with what sentiment a man occupying an honorable and responsible position, a Sunday-school superintendent, the head of a great financial institution, well known in the money world and respected in society, slunk to a midnight ...
— Bidwell's Travels, from Wall Street to London Prison - Fifteen Years in Solitude • Austin Biron Bidwell

... men who, in 1784, formed the Bank of New York, the first financial institution in the city; and here was held, in 1790, the first public sale of stocks by sworn brokers. Here, too, was held the organization meeting of subscribers to the Tontine coffee house, which in a few years was ...
— All About Coffee • William H. Ukers



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