Welcome to the 1520 Perfect Dictionary
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| Savings and loan | |
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| SAVINGS AND LOAN Definition: (mainly American) (business) A savings and loan association is a business where people save money to earn interest, and which lends money to savers to buy houses. ______________________________________________________________________ * All eight elements should be in. 1. Purposeful and necessary for the owners or proprietors. 2. Registered appropriately with the relevant authorities. 3. Membership will be voluntary for the people in association. 4. Interest rates on offer will be negotiable and competitive. 5. Application for a loan by a saver will not be wrongly denied. 6. Lending rate will be better than that in the money market(s). 7. All the funds deposited or saved will be efficiently managed. 8. All legal obligations will be fulfilled by the association. _________________________________ See perfect FINANCE COMPANY. _____ See perfect REMORTGAGE. | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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