savings and loan association
US /ˈseɪvɪŋz ənd ˈloʊn əˌsoʊsiˈeɪʃən/
UK /ˈseɪvɪŋz ənd ˈloʊn əˌsoʊsiˈeɪʃən/
1.
persatuan simpanan dan pinjaman, institusi simpanan dan pinjaman
a financial institution that accepts savings deposits and makes mortgage loans
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The local savings and loan association offered competitive rates on home mortgages.
Persatuan simpanan dan pinjaman tempatan menawarkan kadar yang kompetitif untuk gadai janji rumah.
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Many savings and loan associations faced financial difficulties in the 1980s.
Banyak persatuan simpanan dan pinjaman menghadapi masalah kewangan pada tahun 1980-an.