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词汇 depository-institution
释义 depository institution
noun[ C ]
 FINANCEukus
a bank or other financial organization that takes money from customers and pays interest on that money while it is kept in the bank:
The company operated as a federally regulated depository institution.

Examples of depository institution


depository institution
While each type of depositoryinstitution has a primary regulator, the nations dual banking system allows concurrent jurisdiction among the different regulatory agencies.
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Transaction deposits over $43.9 million held at the same depositoryinstitution carried a 10 percent reserve requirement.
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A depositoryinstitution can satisfy its reserve requirements by holding either vault cash or reserve deposits.
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Similarly, mergers between insured depository institutions and non-insured depository institutions that have a bad track record in combating money-laundering could be blocked.
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For depository institutions, they maintain accounts and provide various payment services, including collecting checks, electronically transferring funds, and distributing and receiving currency and coin.
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This sets a framework on how banks and depository institutions must calculate their capital.
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Retail payments are generally for relatively small-dollar amounts and often involve a depository institution's retail clients individuals and smaller businesses.
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In all of 2007, insured depository institutions earned approximately $100 billion, down 31% from a record profit of $145 billion in 2006.
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These branches provide cash to banks, savings and loans, and other depository institutions; transfer money electronically; and clear millions of checks.
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Banks settle payment transactions efficiently by debiting the accounts of the depository institutions making payments and by crediting the accounts of depository institutions receiving payments.
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Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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