thrift institution

1. 1.

   a depository financial institution intended to encourage personal savings and home buying

   Broaderdepository financial institution

   Narrowersavings and loansavings bank

Questions about thrift institution

What does thrift institution mean?

thrift institution means "a depository financial institution intended to encourage personal savings and home buying".

Is thrift institution a common word?

thrift 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.