financial institution
Definition
Institution which collects funds from the public and places them in financial assets, such as deposits, loans, and bonds, rather than tangible property.
Cite this definition
Related Terms
bank, brokerage
'financial institution
' appears in the definitions of these terms on BusinessDictionary.comlegal reserves, portfolio loans, Federal Home Loan Mortgage Corporation (Freddie Mac), Federal National Mortgage Association (Fannie Mae), soft loan, and
Related Research Articles from the InvestorGuide.com University
Types of Accounts Find out about the different types of bank accounts that are available, including savings accounts, checking accounts, money market deposit accounts (MMDAs) and certificates of deposit (CDs).

Introduction to Banking Learn about the basics of banking, as well as alternatives to banks, such as credit unions, brokerages and mutual funds.

Choosing a Bank Learn how to choose the best bank for you. Compare features like interest rates, convenience, FDIC membership, size, and minimum deposit. Compare services like direct deposit, ATMs, online banking, credit cards and debit cards.

Featured Sponsor
|