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Savings hank
Savings hank
Defined in 1 dictionary —
Ballentine's (1916)
Ballentine's Law Dictionary
James A. Ballentine
·
1916
An institution for receiving and investing savings and paying interest on the savings so deposited at stated intervals, the interest being dependent as to rate on the bank’s profit from loaning the deposits. See 105 Am. St. Rep. 729, note.