savings and loan

NOUN
16 LETTERS · STARTS WITH S

savings and loan is a valid 16-letter word worth 19 points in Scrabble and 25 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
S1A1V4I1N1G2S1A1N1D2L1O1A1N1
1 + 1 + 4 + 1 + 1 + 2 + 1 + 0 + 1 + 1 + 2 + 0 + 1 + 1 + 1 + 1 =19 PTS
DOUBLE WORD → 38TRIPLE WORD → 57
MEANING

What does savings and loan mean?

NOUN · 1 SENSE
1

A thrift institution that is required by law to make a certain percentage of its loans as home mortgages.