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Savings and loan association
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Savings and loan association - Taschenbuch

ISBN: 6130322372

Gebundene Ausgabe, ID: 6378192

Contract, Controversy, Private Law, Plaintiff, Stipulation, Settlement Conference, Settlement Offer, Court Order - Buch, gebundene Ausgabe, 68 S., Beilagen: Paperback, Erschienen: 2010 Betascript Publishers High Quality Content by WIKIPEDIA articles! A savings and loan association (or S&L), also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. The terms 'S&L' or 'thrift' are mainly used in the United States; similar institutions in the United Kingdom, Ireland and some Commonwealth countries include building societies and trustee savings banks. They are often mutually held (often called mutual savings banks[citation needed]), meaning that the depositors and borrowers are members with voting rights, and have the ability to direct the financial and managerial goals of the organization, similar to the policyholders of a mutual insurance company. It is possible for an S&L to be a joint stock company and even publicly traded. However, this means that it is no longer truly an association, and depositors and borrowers no longer have managerial control.

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Savings and loan association
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High Quality Content by WIKIPEDIA articles! A savings and loan association (or S&L), also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. The terms 'S&L' or 'thrift' are mainly used in the United States; similar institutions in the United Kingdom, Ireland and some Commonwealth countries include building societies and trustee savings banks. They are often mutually held (often called mutual savings banks[citation needed]), meaning that the depositors and borrowers are members with voting rights, and have the ability to direct the financial and managerial goals of the organization, similar to the policyholders of a mutual insurance company. It is possible for an S&L to be a joint stock company and even publicly traded. However, this means that it is no longer truly an association, and depositors and borrowers no longer have managerial control.

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ISBN (ISBN-10): 6130322372
Gebundene Ausgabe
Taschenbuch

Buch in der Datenbank seit 21.09.2008 08:32:50
Buch zuletzt gefunden am 21.09.2008 08:32:50
ISBN/EAN: 6130322372

ISBN - alternative Schreibweisen:
613-0-32237-2


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