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LSDefine

Simple English definitions for legal terms

savings bank

Read a random definition: commission del credere

A quick definition of savings bank:

A savings bank is a type of bank where people can deposit their money and earn interest on it. It is a safe place to keep your money and can help you save for the future. Sometimes, people can also borrow money from a savings bank to buy a house or a car. In maritime law, there is a special clause called the saving-to-suitors clause that allows people to file a lawsuit in a nonadmiralty court if they want to.

A more thorough explanation:

A savings bank is a type of bank that primarily accepts deposits from customers and pays interest on those deposits. It differs from a commercial bank in that it does not offer a wide range of financial services such as loans and credit cards.

  • Savings-bank trust: A type of trust account held by a savings bank on behalf of a customer.
  • Savings bond: A type of government bond that pays interest and is sold to individual investors.
  • Savings clause: A clause in a legal document that preserves certain rights or options.
  • Savings note: A type of promissory note issued by a savings bank.
  • Saving-to-suitors clause: A clause in maritime law that allows a plaintiff to file a lawsuit in a non-admiralty court.

These examples illustrate the different ways in which the term "savings bank" is used in various contexts. They show that savings banks offer different types of financial products and services, and that the term can also be used in legal contexts such as trusts and maritime law.

savings-and-loan association | savor

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Dkk
19:42
Maybe, didnt happen last time.
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
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