What is another word for thrift institution?

Pronunciation: [θɹˈɪft ˌɪnstɪtjˈuːʃən] (IPA)

A thrift institution is a financial organization that specializes in taking deposits and providing mortgages and other loans, especially for the purpose of promoting homeownership. There are several synonyms for this term, including savings and loan association, building society, thrift bank, cooperative bank, and credit union. These institutions are typically smaller in size and scope than traditional commercial banks, and may have a more community-based focus. Whatever term is used to describe them, these institutions serve an important role in enabling people to save and invest, as well as facilitating access to credit for those looking to buy a home or start a small business.

What are the hypernyms for Thrift institution?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Thrift institution?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Related words: thrift stores, thrift store near me, thrift store clothes, thrift shop, best thrift store near me, thrift clothing australia, best thrift stores near me, who is the best thrift store, where are the best thrift stores in my area

Related questions:

  • What is a thrift institution?
  • Word of the Day

    The word "sourceable" means capable of being sourced, obtainable or found. The antonyms of this word are words that refer to something that cannot be sourced, found or obtained. Th...