building society
English
Noun
building society (plural building societies)
- (Britain, Australia, banking) A type of financial institution which traditionally was based on lending money (as mortgages) to society members to buy houses, from other members pooled savings and/or money borrowed wholesale.
Coordinate terms
- (UK banking): credit union, mutual savings bank, savings and loan (US banking)
Translations
financial institution
|
This article is issued from
Wiktionary.
The text is licensed under Creative Commons - Attribution - Sharealike.
Additional terms may apply for the media files.