noun
workers' credit union; labour credit association
Abbreviation of 労働金庫. Refers to a cooperative financial institution for workers, similar to a credit union.
See also: 労働金庫 (ろうどうきんこ)
労金は労働者のための金融機関です。
The workers' credit union is a financial institution for workers.
労金の口座を開設しました。
I opened an account at the labour credit association.
Full, formal name for the same institution. 労金 is the common abbreviation.
Abbreviation of 労働金庫 (ろうどうきんこ), formed by taking the first character of each component.