TERMIUM Plus®

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THRIFT INSTITUTION [2 records]

Record 1 2011-01-19

English

Subject field(s)
  • Banking
DEF

Depository financial institution whose primary function is promoting personal savings(thrift) and home ownership through mortgage lending. Thrift institutions hold most of their assets in mortgages and collect most of their deposits from consumers. Savings and Loan Associations, Savings Banks, and Credit Unions are all considered thrift institutions. Thrift institutions, at one time restricted to mortgage lending, have gained parity with commercial banks over the last 20 years and many thrifts offer the same range of nonmortgage credit services-credit cards, auto loans, home equity loans, and business loans-available from commercial banks.

French

Domaine(s)
  • Banque
CONT

Le terme générique «thrift institution» (institution d'épargne) est une réalité du système financier américain qui englobe les Credits Unions, les Savings Banks et les Savings and Loan Associations.

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
Save record 1

Record 2 2009-03-17

English

Subject field(s)
  • Banking
  • National and International Economics
  • Economic Doctrines, Systems and Policies
CONT

Non-chequable savings deposits were introduced by the chartered banks in May 1967 following the revision of the Bank Act.

CONT

The next widest definition of money supply, M-2, includes M-1B, nonchequing personal term and savings deposits and some corporate chequable and nonchequable notice deposits.

CONT

On demand you can withdraw currency from a noncheckable savings account at a commercial bank or thrift institution.

Key term(s)
  • non-chequeable
  • nonchequeable

French

Domaine(s)
  • Banque
  • Économie nationale et internationale
  • Doctrines, systèmes et politiques économiques
CONT

Les dépôts d'épargne non transférables par chèque ont été introduits par les banques à charte en mai 1967, à la suite de la révision de la Loi sur les banques.

CONT

[...] la création de comptes d'épargne à intérêt quotidien (avec ou sans tirage de chèques) a amené davantage de ménages à y déposer ou à y transférer leurs liquidités.

CONT

Ce compte d'épargne, sans privilège de chèques, vous permet d'accumuler du capital par versement unique ou par versements périodiques.

Spanish

Save record 2

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