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nondepository financial institution vs insurance company

insurance company vs nondepository financial institution

nondepository financial institution and insurance company both are nouns.

Word NounAdjectiveVerbAdverb
nondepository financial institution Yes No No No
insurance company Yes No No No
As nouns, insurance company is a hyponym of nondepository financial institution; that is, insurance company is a word with a more specific, narrower meaning than nondepository financial institution:
  • nondepository financial institution: a financial institution that funds their investment activities from the sale of securities or insurance
  • insurance company: a financial institution that sells insurance
nondepository financial institution (noun) insurance company (noun)
a financial institution that funds their investment activities from the sale of securities or insurance a financial institution that sells insurance
Difference between nondepository financial institution and insurance company

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