- cooperative savings association
- co·opera·tive ˈsav·ings as·so·cia·tionn Kreditgenossenschaft f
English-german dictionary. 2013.
cooperative savings association
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Cooperative — This article is about the business organization. For other uses, see Coop (disambiguation). A cooperative (also co operative or co op) is a business organization owned and operated by a group of individuals for their mutual benefit.[1] A… … Wikipedia
savings and loan association — noun a thrift institution that is required by law to make a certain percentage of its loans as home mortgages • Syn: ↑savings and loan • Hypernyms: ↑thrift institution • Hyponyms: ↑building society * * * noun : a cooperative association … Useful english dictionary
savings 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. Also called… … Universalium
Savings and loan association — A savings and loan association, also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage loans. The term is mainly used in the United States; similar institutions in the United Kingdom … Wikipedia
savings and loan association — One of a number of types of mutually owned, cooperative, savings associations, originally established for the primary purpose of making loans to members and others, usually for the purchase of real estate or homes; though in the 1980 s S & L s… … Black's law dictionary
savings and loan association — sav·ings and loan association n: a cooperative association organized to hold savings of members in the form of dividend bearing shares and to invest chiefly in home mortgage loans Merriam Webster’s Dictionary of Law. Merriam Webster. 1996.… … Law dictionary
Cooperative banking — A statue of cooperative pioneer Robert Owen stands in front of the Manchester head office of the UK s Co operative Bank Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take… … Wikipedia
Cooperative federation — A co operative federation or secondary co operative is a co operative in which all members are, in turn, co operatives.[1] Historically, co operative federations have predominantly come in the form of co operative wholesale societies and co… … Wikipedia
cooperative — /kowop(a)rat3v/ A corporation or association organized for purpose of rendering economic services, without gain to itself, to shareholders or members who own and control it. United Grocers, Limited v. U. S., D.C.Cal., 186 F.Supp. 724, 733. Type… … Black's law dictionary
cooperative — /kowop(a)rat3v/ A corporation or association organized for purpose of rendering economic services, without gain to itself, to shareholders or members who own and control it. United Grocers, Limited v. U. S., D.C.Cal., 186 F.Supp. 724, 733. Type… … Black's law dictionary
cooperative bank — noun : savings and loan association * * * cooperative bank, = savings and loan association. (Cf. ↑savings and loan association) … Useful english dictionary
