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Meaning of mutual savings bank | Babel Free

Noun CEFR C1

Definitions

A financial institution chartered by a central or regional government, without capital stock, that is nominally owned by its members, who subscribe to a common fund.

Equivalents

Suomi säästöpankki

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

mutual society mutual tidal locking mutual understanding mutual will mutualisation mutualism

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