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thrift institution vs savings and loan

savings and loan vs thrift institution

thrift institution and savings and loan both are nouns.

Word NounAdjectiveVerbAdverb
thrift institution Yes No No No
savings and loan Yes No No No
As nouns, savings and loan is a hyponym of thrift institution; that is, savings and loan is a word with a more specific, narrower meaning than thrift institution:
  • thrift institution: a depository financial institution intended to encourage personal savings and home buying
  • savings and loan: a thrift institution that is required by law to make a certain percentage of its loans as home mortgages
Other hyponyms of thrift institution include savings and loan association, savings bank.
thrift institution (noun) savings and loan (noun)
a depository financial institution intended to encourage personal savings and home buying a thrift institution that is required by law to make a certain percentage of its loans as home mortgages
Difference between thrift institution and savings and loan

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