thrift

thrift
thrift n: an institution that promotes saving and provides mortgages; esp: savings and loan association – called also thrift institution;

Merriam-Webster’s Dictionary of Law. . 1996.

thrift
index austerity, economy (frugality), moderation, prudence

Burton's Legal Thesaurus. . 2006


thrift
USA
An organization such as a savings bank or a savings and loan association formed as a depository for consumer savings and that engages primarily in consumer lending (for example, mortgages). Thrifts are currently regulated by the Office of Thrift Supervision (OTS).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Synonyms:

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  • thrift — [θrɪft] noun 1. [countable] also thrift institution FINANCE ORGANIZATIONS in the US, a Savings and Loan Association or savings bank …   Financial and business terms

  • Thrift — (thr[i^]ft), n. [Icel. [thorn]rift. See {Thrive}.] 1. A thriving state; good husbandry; economical management in regard to property; frugality. [1913 Webster] The rest, . . . willing to fall to thrift, prove very good husbands. Spenser. [1913… …   The Collaborative International Dictionary of English

  • Thrift — can refer to: * A generic term for a savings and loan association in the United States * Thrift (plant) a plant in the genus Armeria that have pink or white flowers; the term is especially used to refer to Armeria maritima * Thrift (protocol), a… …   Wikipedia

  • thrift´i|ly — thrift|y «THRIHF tee», adjective, thrift|i|er, thrift|i|est. 1. careful in spending; economical; saving: »a thrifty housewife …   Useful english dictionary

  • thrift|y — «THRIHF tee», adjective, thrift|i|er, thrift|i|est. 1. careful in spending; economical; saving: »a thrifty housewife …   Useful english dictionary

  • thrift — [ θrıft ] noun 1. ) uncount the practice of spending money carefully so that you do not waste any 2. ) thrift or thrift institution count AMERICAN an institution similar to a bank that allows its members to save or borrow money …   Usage of the words and phrases in modern English

  • thrift — [thrift] n. [ME < ON < thrifast, to prosper: see THRIVE] 1. Obs. a) the condition of thriving; prosperity b) physical thriving; vigorous growth 2. careful management of one s money or resources; economy; frugality 3. any of a genus (Armeria …   English World dictionary

  • thrift — /thrift/, n. 1. economical management; economy; frugality. 2. Also called thrift institution. Banking. a savings and loan association, savings bank, or credit union. 3. Also called sea pink. any alpine and maritime plant belonging to the genus… …   Universalium

  • thrift — c.1300, fact or condition of thriving, also prosperity, savings, from M.E. thriven to thrive (see THRIVE (Cf. thrive)), possibly influenced by O.N. þrift, variant of þrif prosperity, from þrifask to thrive. Sense of habit of saving, economy first …   Etymology dictionary

  • thrift — [θrıft] n [U] [Date: 1200 1300; : Old Norse; Origin: wealth and success , from thrifask; THRIVE] old fashioned wise and careful use of money, so that none is wasted →↑spendthrift …   Dictionary of contemporary English

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