savings and loan is a noun meaning "a thrift institution that is required by law to make a certain percentage of its loans as home mortgages". It carries one recorded sense.
a thrift institution that is required by law to make a certain percentage of its loans as home mortgages
Definitions, synonyms and semantic relations for savings and loan come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.