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Glite Dictionary
MSB

MSB

1 8.6
A bank owned by the people who keep money there and run by trustees
  • noun
  • Specialized
translation icon : banco de ahorros mutuo

Examples

  • You'd think an MSB student would know what market rates for this sort of thing are.

    Blog text (9)

  • "A student in the MSB should probably realize that paying someone for 30 minutes when a task requires an hour and a half of a person's presence at his job is not a particularly brilliant idea.

    Blog text (9)

  • Peace, MSB

    Blog text (8)

  • I mean, really, my 17-year-old sister manages a heavier workload than half the kids in the MSB, and she still seems to have time to make her bed in the morning.

    Blog text (9)

  • The MSB is a community-focused bank that prioritizes the needs of its depositors above all.

  • As a depositor at an MSB, you can influence the bank's decisions through the board of trustees.

  • Many people prefer an MSB because it is owned by its depositors rather than shareholders.

Synonyms

mutual savings bank
vsMSB
  • Specialized
4.6

People who save money there own the bank

is the shortened abbreviation used instead of the full phrase

Surface Forms

MSB singular

Morphology

MSB = M + S + B

MSB is an initialism whose letters do not correspond to productive English morphemes, so knowing the letters gives no clue to the meaning for an average learner.

Etymology

MSB stands for Mutual Savings Bank. The mutual part means 'shared' or 'owned together' and savings means 'money you keep', so an MSB is a bank owned by the people who keep money there and run to look after their savings.