0 used to describe a bank or other financial organization that people can put their money in:
The bank is the third-largest deposit-taking institution in the New York city area.
That section applies to any deposit account with a bank or other deposit-taking institution and any withdrawal share account with any deposit-taking institution.
It would arouse opposition from licensed deposit-taking institutions which may provide overdraft facilities.
They argue that it could encourage people to make deposits with the less reputable deposit-taking institution or bank.
It is for that reason that these deposit-taking companies have been deprived of their special protection.
We have sought deliberately not to define deposit-taking.
Therefore, the provisions of this part are intended to ensure that any transfer proposals affecting insurance or deposit-taking business are subject to proper scrutiny.
This in effect ensures deposit-taking institutions against the risk they run from having liabilities at call but assets that are less liquid.
Nevertheless, in the case of deposit-taking institutions, this development will be important.
