financial institution - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assetsgiro - a British financial system in which a bank or a post office transfers money from one account to another when they receive authorization to do so clearing house - a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted central bank - a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government foundation - an institution supported by an endowment acquirer - the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card trust company, trust corporation - an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services |