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savings and loan association
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- pronunciation:
- seI
vIngs
 nd
lon
so
si
eI
shn
[or]
seI
vIngs
nd
lon
so
shi
eI
shn
| part of speech: |
noun |
| definition: |
a bank, usu. owned by its depositors, that pays interest to them on their savings, which it uses for lending for a variety of purposes.
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