GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:16 Jul 4, 2020 |
French to English translations [Non-PRO] Law/Patents - Law: Taxation & Customs | |||||
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| Selected response from: philgoddard United States | ||||
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4 +6 | non-depository institution |
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institution non dépositaire non-depository institution Explanation: Government or private organization (such as building society, insurance company, investment trust, or mutual fund or unit trust) that serves as an intermediary between savers and borrowers, but does not accept time deposits. Such institutions fund their lending activities either by selling securities (bonds, notes, stock/shares) or insurance policies to the public. http://www.businessdictionary.com/definition/non-depository-... |
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