1. a careful attitude towards money, shown by saving or spending it wisely

  2. a private local bank, savings and loan association or credit union, which accepts and pays interest on deposits from small investors

"...the thrift, which had grown from $4.7 million in assets in 1980 to 1.5 billion this year, has ended in liquidation" [Barrons]

"...some thrifts came to grief on speculative property deals, some in the high-risk junk bond market, others simply by lending too much to too many people" [Times]

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Savings Association Insurance Fund (SAIF)
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