financial institution
n.
A business that deals in money, such as a bank or trust company, a thrift institution, a currency exchange, a securities trading company, a credit card company, an insurance company, etc.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Look at other dictionaries:

  • financial institution — Under Title 11 U.S.C. Section 101: (22) The term financial institution means (A) a Federal reserve bank, or an entity that is a commercial or savings bank, industrial savings bank, savings and loan association, trust company, federally insured… …   Glossary of Bankruptcy

  • Financial institution —   An ISO term. An organisation primarily established to offer and perform services specifically related to the provision of financial [monetary] services …   International financial encyclopaedia

  • financial institution — An enterprise such as a bank whose primary business and function is to collect money from the public and invest it in financial assets such as stocks and bonds. Bloomberg Financial Dictionary * * * financial institution financial institution ➔… …   Financial and business terms

  • financial institution — noun an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets • Syn: ↑financial organization, ↑financial organisation • Hypernyms: ↑institution, ↑establishment • Hyponyms …   Useful english dictionary

  • Financial institution — In financial economics, a financial institution acts as an agent that provides financial services for its clients or members. Financial institutions generally fall under financial regulation from a government authority. Common types of financial… …   Wikipedia

  • Financial Institution - FI — An establishment that focuses on dealing with financial transactions, such as investments, loans and deposits. Conventionally, financial institutions are composed of organizations such as banks, trust companies, insurance companies and investment …   Investment dictionary

  • financial institution — Any organization whose core activity is to provide financial services or advice in relation to financial products. Financial institutions include state bodies, such as central banks, and private companies, such as banks, building societies, and… …   Accounting dictionary

  • financial institution — An organization whose core activity is to provide financial services or advice in relation to financial products. Financial institutions include state bodies, such as central banks, and private companies, such as banks, savings and loan… …   Big dictionary of business and management

  • financial institution — fi.nancial insti tution n technical a business organization that lends and borrows money, for example a bank ▪ All the big financial institutions cut their interest rates today …   Dictionary of contemporary English

  • financial institution — noun (C) technical a business organization that lends and borrows money, for example a bank: All the big financial institutions cut their interest rates today …   Longman dictionary of contemporary English

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.