credit union

credit union

noun
a cooperative group that makes loans to its members at low rates of interest.
Also called cooperative credit union.


Origin:
1910–15, Americanism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Credit union is always a great word to know.
So is doohickey. Does it mean:
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
a gadget; dingus; thingumbob.
Collins
World English Dictionary
credit union
 
n
a cooperative association whose members can obtain low-interest loans out of their combined savings

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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American Heritage
Cultural Dictionary

credit union definition


An organization formed by employees of a company or institution to make personal loans at low interest rates to all employees of that company or institution.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
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