Meaning

1 senses
  1. (US)Synonym of building society.

More definitions
  • a thrift institution that is required by law to make a certain percentage of its loans as home mortgages

Examples

1 sentences
  1. Mary got a loan from the savings and loan association.

Origin

Short for savings and loan association.

Short for savings and loan association.

Wiktionary, CC BY-SA 4.0 · source

Forms

plural: savings and loans

Synonyms

2 synonyms
Close in meaning

See also

neighbours in the dictionary
savings and loan — meaning, examples, forms, synonyms | Krumeto