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Caja de Ahorros

Also spelled: la Caja

Definition

The state savings and loan bank, closely tied to mortgages and personal loans for public employees. Not to be confused with the Social Security Fund — they are different institutions.

Example

He got the home loan through the Caja de Ahorros.Sacó el préstamo de la casa por la Caja de Ahorros.

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Where it is used
nationwide
Currency
in use today

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