economic institution
noun[C]
ECONOMICS,GOVERNMENT,FINANCEukusacompanyor anorganizationthatdealswithmoneyor withmanagingthedistributionofmoney,goods, andservicesin aneconomy. Banks,governmentorganizations, andinvestmentfundsare alleconomicinstitutions:
Technicalassistancewill beneededtorebuildessentialeconomicinstitutionsafter thisupheaval.
See also
financial institution