S&L

Savings and Loan Association
Savings and Loan Associations (S&Ls) are financial institutions that specialize in accepting savings deposits and making mortgage and other loans.
Savings and Loan Association (S&L)
Savings and Loan Association (S&L) is a type of financial institution that specializes in accepting savings deposits and making mortgage loans.
Savings and Loan Association (S&L)
A US financial institution that specializes in accepting savings deposits and making mortgage loans. They offer loans with a fixed rate of interest and have greater investment flexibility compared to UK building societies.

Accounting Terms Lexicon

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