economic institution

economic institution
economic institution UK US noun [C] ECONOMICS, GOVERNMENT, FINANCE
a company or an organization that deals with money or with managing the distribution of money, goods, and services in an economy. Banks, government organizations, and investment funds are all economic institutions: »

Technical assistance will be needed to rebuild essential economic institutions after this upheaval.

See also FINANCIAL INSTITUTION(Cf. ↑financial institution)

Financial and business terms. 2012.

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