Another name for a savings and loan association; a financial institution established to promote "thrift" by accepting savings deposits, and to make home mortgage loans (See savings and loan association)
{i} financial institution designed for depositing savings (e.g. savings bank, credit union); any plant of the genus Armeria; plant similar or related to plants of the genus Armeria
1 The wise use of money, especially avoiding unnecessary spending 2 A financial institution that accepts savings deposit s but is not a bank ; this includes credit union s, savings and loan association s, and mutual savings bank s
approval Thrift is the quality and practice of being careful with money and not wasting things. They were rightly praised for their thrift and enterprise. extravagance