financial institution

noun

: a company that deals with money (as a bank, savings and loan, credit union, etc.)
You can get a loan at a financial institution.

Examples of financial institution in a Sentence

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Goldman’s common equity tier 1 ratio, which indicates a financial institution’s ability to withstand stress in the financial system, was well above the 13.7% minimum. Zev Fima, CNBC, 15 Jan. 2025 Bank of America began investigating the loan applications after the financial institution discovered that a La Shish Kabob Catering document used an employer identification number of an unrelated company, according to court records. Chase Jordan, Charlotte Observer, 8 Jan. 2025 Image The African Export-Import Bank, a Pan-African financial institution in Cairo, has hired a lobby group in Washington to help push for its renewal. Ruth MacLean, New York Times, 27 Dec. 2024 Solomon Moburg was charged with a felony count of robbery of a financial institution, which carries a maximum penalty of up to 40 years of prison time, a fine of up to $100,000, or both, according to a criminal complaint filed Dec. 17 in Ozaukee County Circuit Court. Claudia Levens, Journal Sentinel, 19 Dec. 2024 See all Example Sentences for financial institution 

Dictionary Entries Near financial institution

Cite this Entry

“Financial institution.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/financial%20institution. Accessed 22 Jan. 2025.

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