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building and loan association

build·ing and loan as·so·ci·a·tion
B b

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [bil-ding and lohn uh-soh-see-ey-shuh n, -shee-]
    • /ˈbɪl dɪŋ ænd loʊn əˌsoʊ siˈeɪ ʃən, -ʃi-/
    • /ˈbɪldɪŋ ənd ləʊn əˌsəʊʃiˈeɪʃn/
    • US Pronunciation
    • US IPA
    • [bil-ding and lohn uh-soh-see-ey-shuh n, -shee-]
    • /ˈbɪl dɪŋ ænd loʊn əˌsoʊ siˈeɪ ʃən, -ʃi-/

Definition of building and loan association words

  • noun building and loan association a cooperative savings institution, chartered and regulated by a state or the federal government, that receives deposits in exchange for shares of ownership and invests its funds chiefly in loans secured by first mortgages on homes. 1

Information block about the term

Parts of speech for Building and loan association

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

building and loan association popularity

This term is known only to a narrow circle of people with rare knowledge. Only 5% of English native speakers know the meaning of this word.
According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

building and loan association usage trend in Literature

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Synonyms for building and loan association

noun building and loan association

  • bank — A bank is a building where a bank offers its services.
  • thrift — economical management; economy; frugality.
  • building society — In Britain, a building society is a business which will lend you money when you want to buy a house. You can also invest money in a building society, where it will earn interest. Compare savings and loan association.
  • savings bank — a bank that receives savings accounts only and pays interest to its depositors.

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