financial institution

Questions about financial institution

What does financial institution mean?

financial institution means "an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets".

What is another word for financial institution?

Close synonyms include financial organization, financial organisation. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is financial institution a common word?

financial institution is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.