stock savings bank - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “stock savings bank”

stock savings bank

noun [C]
 
 
BANKING, FINANCE
in the US, a bank where people save their money, that is owned by shareholders, rather than being a mutual (= one owned by people with money in the bank): The bank plans to convert to a stock savings bank to enable it to raise up to $40 million in capital.
→  Compare mutual savings bank
(Definition of stock savings bank from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of stock savings bank?
Add Cambridge dictionaries to your browser to your website

Word of the Day

cost/charge the earth

to cost, charge, etc. a lot of money

Word of the Day

The language of elections

by Liz Walter,
April 22, 2015
On May 7th, citizens of the UK will be going to the polls (having an election) to decide who will form the next government. This kind of election is known as a general election. The country is divided into 650 areas, called constituencies. Each constituency elects a member of parliament (MP) to

Read More 

dumbwalking noun

April 20, 2015
walking slowly, without paying attention to the world around you because you are consulting a smartphone He told me dumbwalking probably wouldn’t be a long-term problem.

Read More