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单词 deposit-taking institution
释义

deposit-taking institution

deposit-taking institution An institution whose main function is to take deposits. This is the basis of the legal definition of a bank as laid down in the Banking Acts. In the UK regulation of deposit-taking institutions was transferred from the Bank of England to the Financial Services Authority in 2001. See alsofinancial institution.

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更新时间:2024/11/15 2:09:05