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.

Use this term in a sentence

You need to always keep good contacts with your financial institution so that you can get ahold of them quickly.

​ Was this Helpful? YES  NO 9 people found this helpful.

After every single pay-day, Ted and I always swing by our financial institution to make sure our money gets deposited properly.

​ Was this Helpful? YES  NO 5 people found this helpful.

The financial institution was operating transparently with regards to its current financial situation so we studied all of their financial statements.

​ Was this Helpful? YES  NO 5 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Automatic Clearing House institutional buyout