Office of Thrift Supervision (OTS)
The OTS regulates federally insured savings and loan institutions. One of the provisions of the Financial Institutions Reform, Recovery, and Enforcement Act ( FIRREA) established the OTS to replace the Federal Home Loan Bank Board as the primary thrift regulator. American Banker Glossary
————
An agency of the U.S. Treasury department responsible for the U.S. savings and loan industry . Bloomberg Financial Dictionary
* * *
Office of Thrift Supervision; a government organization in the US that is responsible for making sure that Savings and Loan Association S (= banks where people save money and that give loans to people buying houses) obey banking rules and laws
* * *
OTS UK US noun
► GOVERNMENT ABBREVIATION for OFFICE OF THRIFT SUPERVISION(Cf. ↑Office of Thrift Supervision): »
The OTS supervises a national thrift industry that is built on the American dream of homeownership.
► [C] MARKETING ABBREVIATION for opportunity to see: a measure of the number of chances that a customer who may be interested in a particular product will have to see an advertisement for it during a particular period: »
If we advertise for a week on TV we'd expect a minimum OTS of 2, whereas a press campaign should score at least 5.
Financial and business terms. 2012.