English Dictionary

NONDEPOSITORY FINANCIAL INSTITUTION

Pronunciation (US): Play  (GB): Play

 Dictionary entry overview: What does nondepository financial institution mean? 

NONDEPOSITORY FINANCIAL INSTITUTION (noun)
  The noun NONDEPOSITORY FINANCIAL INSTITUTION has 1 sense:

1. a financial institution that funds their investment activities from the sale of securities or insuranceplay

  Familiarity information: NONDEPOSITORY FINANCIAL INSTITUTION used as a noun is very rare.


 Dictionary entry details 


NONDEPOSITORY FINANCIAL INSTITUTION (noun)


Sense 1

Meaning:

A financial institution that funds their investment activities from the sale of securities or insurance

Classified under:

Nouns denoting groupings of people or objects

Hypernyms ("nondepository financial institution" is a kind of...):

financial institution; financial organisation; financial organization (an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets)

Hyponyms (each of the following is a kind of "nondepository financial institution"):

brokerage; brokerage firm; securities firm (a stock broker's business; charges a fee to act as intermediary between buyer and seller)

insurance company; insurance firm; insurance underwriter; insurer; underwriter (a financial institution that sells insurance)

pension fund (a financial institution that collects regular contributions from employers to provide retirement income for employees)

fund; investment company; investment firm; investment trust (a financial institution that sells shares to individuals and invests in securities issued by other companies)

finance company (a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses)

Holonyms ("nondepository financial institution" is a member of...):

market; securities industry (the securities markets in the aggregate)


 Learn English with... Proverbs 
"Cut your coat according to your cloth." (English proverb)

"Whatever you sow, you reap." (Afghanistan proverb)

"Too much modesty brings shame." (Arabic proverb)

"The one not dancing knows lots of songs." (Cypriot proverb)



ALSO IN ENGLISH DICTIONARY:


© 2000-2023 AudioEnglish.org | AudioEnglish® is a Registered Trademark | Terms of use and privacy policy
Contact