Financial Institutions

8 words in this vocabulary list

noun The land alongside or sloping down to a river or lake

verb To tilt or cause to tilt in a particular direction

  • The bank is a financial institution that accepts deposits from the public and creates credit.
  • I'll meet you at the bank after work to deposit the check.
  • Let's hit up the bank and withdraw some cash.
  • Trust is like a bank account, you need to deposit honesty to withdraw trust.

noun a small enclosure or cage for poultry

verb to confine in a coop

  • The farmers decided to establish a cooperative to manage the distribution of their products.
  • Let's all pitch in and build a chicken coop in the backyard.
  • I heard the new startup is a real coop, everyone there is like family.
  • The team worked together seamlessly, like a well-oiled coop.

noun a type of financial institution that offers similar services to a bank, but is owned by its members rather than by shareholders

  • I decided to open a savings account at the credit union for better interest rates.
  • I'm thinking about switching to the credit union because they have lower fees.
  • I heard the credit union is the place to be for getting a good deal on loans.
  • Joining the credit union felt like joining a supportive community.

noun Fannie Mae

  • Fannie Mae is a government-sponsored enterprise that provides liquidity to the mortgage market by purchasing mortgages from lenders.
  • Have you heard of Fannie Mae? It's a big player in the mortgage industry.
  • Fannie Mae is like the OG of mortgage companies, yo.
  • Investing in Fannie Mae is like having a safety net for your mortgage investments.

ins

noun abbreviation for 'inches'

preposition shortened form of 'into' or 'in'

conjunction shortened form of 'since'

  • The new software update includes several important ins and outs for users to familiarize themselves with.
  • I heard the ins and outs of the project are a bit complicated, but we'll figure it out.
  • Let me fill you in on all the ins and outs of the party last night.
  • Understanding the ins and outs of the stock market can be tricky for beginners.

noun an established law, practice, or custom

  • The institution of marriage has been a cornerstone of society for centuries.
  • My brother just got a job at a financial institution downtown.
  • I can't believe we have to go back to that institution tomorrow.
  • In her eyes, the institution of family was more important than anything else.

noun a financial institution that specializes in the acceptance and guarantee of bills of exchange

  • The accepting house facilitated the transfer of funds between the two parties.
  • The accepting house helped with the money transfer.
  • The accepting house was the middleman for the cash exchange.
  • The accepting house acted as the financial bridge for the transaction.

noun A word that represents a person, place, thing, or idea. In this case, 'company' is a noun as it refers to an organization or business entity.

adjective A word that describes or modifies a noun. In this case, 'admitted' is an adjective that describes the company as being accepted or acknowledged.

  • The admitted company has a long history of success in the industry.
  • The company that got in has been around for a while and knows what they're doing.
  • That company made the cut and is now part of the group.
  • Being an admitted company is like gaining entry into an exclusive club.