Business and Personal Finance Dictionary

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• SAVINGS AND LOAN INVESTMENT CONTRACTS (SLICS) - A negotiated-term deposit issued by a savings and loan.
  
  
• SAVINGS ASSOCIATION - see savings and loan association.
  
  
• SAVINGS ASSOCIATION INSURANCE FUND (SAIF) - the fund that provides deposit insurance for savings instit...
  
  
• SAVINGS ASSOCIATION TRADE EXECUTIVE - an organization made up of executives from state savings and loan...
  
  
• SAVINGS BANK - a financial intermediary that accepts savings deposits and invests these funds in loans ...
  
  
• SAVINGS BOND - The US government issues three types of savings bonds: Series EE, Series HH and Series I...
  
  
• SAVINGS CERTIFICATE - a document that is evidence of ownership of a savings account, typically an accou...
  
  
• SAVINGS DEPOSIT - interest bearing account with no maturity and the ability to withdraw funds, but not ...
  
  
• SAVINGS DEPOSITS - Accounts that pay interest, typically at below-market interest rates, that do not ha...
  
  
• SAVINGS ELEMENT - Used in the context of life insurance, the cash value built up in a policy, which equ...