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thrift institution vs savings and loan association

savings and loan association vs thrift institution

thrift institution and savings and loan association both are nouns.

Word NounAdjectiveVerbAdverb
thrift institution Yes No No No
savings and loan association Yes No No No
As nouns, savings and loan association is a hyponym of thrift institution; that is, savings and loan association 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 association: 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, savings bank.
thrift institution (noun) savings and loan association (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 association

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