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单词 savings and loan association
释义

WordReference Random House Unabridged Dictionary of American English © 2024
savings and loan associa′tion, 
  1. Businessa 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 building and loan association, cooperative bank;
     [Brit.,] building society. 

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更新时间:2024/9/20 22:31:52