financial organisation

Noun
  1. An institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets (synset 108071473)
    is a type of: establishment, institution - an organization founded and united for a specific purpose
    subtypes:
    • giro - a British financial system in which a bank or a post office transfers money from one account to another when they receive authorization to do so
    • clearing house - a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted
    • lending institution - a financial institution that makes loans
    • central bank - a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government
    • foundation - an institution supported by an endowment
    • acquirer - the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card
    • nondepository financial institution - a financial institution that funds their investment activities from the sale of securities or insurance
    • bank, banking company, banking concern, depository financial institution - a financial institution that accepts deposits and channels the money into lending activities
    • federal home loan bank system - the central credit system for thrift institutions
    • trust company, trust corporation - an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services
    same as: financial institution, financial organization

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