trustee savings bank

trust·ee sav·ing bank

T t

Definition of trustee savings bank words

noun trustee savings bank a British financial institution which offered savings facilities for small investors and was managed by unpaid trustees. Depositors had no voting rights and no say in financial or managerial matters. The bank is now a public limited company with the same rights and services as other banks and only retains the title in the abbreviated form TSB. 0

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A common word. It’s meaning is known to most children of preschool age. About 86% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

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