Definition of depository institution

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TeachMeFinance.com - explain depository institution



depository institution -- a financial intermediary that accepts savings and/or demand deposits from the general public.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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