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Savings and loan association
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Savings and loan association - Livres de poche

ISBN: 6130322372

Edition reliée, ID: 6378192

Contract, Controversy, Private Law, Plaintiff, Stipulation, Settlement Conference, Settlement Offer, Court Order - Buch, gebundene Ausgabe, 68 S., Beilagen: Paperback, Erschienen: 2010 Betascript Publishers High Quality Content by WIKIPEDIA articles! A savings and loan association (or S&L), also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. The terms 'S&L' or 'thrift' are mainly used in the United States; similar institutions in the United Kingdom, Ireland and some Commonwealth countries include building societies and trustee savings banks. They are often mutually held (often called mutual savings banks[citation needed]), meaning that the depositors and borrowers are members with voting rights, and have the ability to direct the financial and managerial goals of the organization, similar to the policyholders of a mutual insurance company. It is possible for an S&L to be a joint stock company and even publicly traded. However, this means that it is no longer truly an association, and depositors and borrowers no longer have managerial control.

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Savings and loan association

High Quality Content by WIKIPEDIA articles! A savings and loan association (or S&L), also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. The terms 'S&L' or 'thrift' are mainly used in the United States; similar institutions in the United Kingdom, Ireland and some Commonwealth countries include building societies and trustee savings banks. They are often mutually held (often called mutual savings banks[citation needed]), meaning that the depositors and borrowers are members with voting rights, and have the ability to direct the financial and managerial goals of the organization, similar to the policyholders of a mutual insurance company. It is possible for an S&L to be a joint stock company and even publicly traded. However, this means that it is no longer truly an association, and depositors and borrowers no longer have managerial control.

Informations détaillées sur le livre - Savings and loan association


ISBN (ISBN-10): 6130322372
Version reliée
Livre de poche

Livre dans la base de données depuis 21.09.2008 08:32:50
Livre trouvé récemment le 21.09.2008 08:32:50
ISBN/EAN: 6130322372

ISBN - Autres types d'écriture:
613-0-32237-2


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