Question:

What is "financial institution" mean???

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can you tell me clearly what is that mean

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BANK
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it's just a complex term for a BANK or a BRANCH of your bank
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its a bank or a company that loans out money
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an institution that deals with finances.
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Any place that handles money as a business like a bank, thrift, savings & loan, credit union, stock broker, etc.
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its another name for a bank
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It means a bank usually.
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Institution which collects funds from the public and places them in financial assets, such as deposits, loans, and bonds, rather than tangible property.

http://answers.yahoo.com/question/index?...

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Any business or agent (though not always a business, it could be a non-profit organisation) that handles money. Their main job is to transfer funds from one person/organisation to another.

It could be a bank, credit union, or even Paypal (online merchant)
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