English dictionary
depository financial institution meaning and definition
Definition and meaning of depository financial institution at MeaningMonkey.org. depository financial institution meaning and definition in the English Dictionary.DEPOSITORY FINANCIAL INSTITUTION noun
Definition of depository financial institution (noun)
- a financial institution that accepts deposits and channels the money into lending activities
- "he cashed a check at the bank"; "that bank holds the mortgage on my home"
- synonyms: bank, banking company, banking concern
Source: Princeton University Wordnet