from The American Heritage® Dictionary of the English Language, 4th Edition
- n. Chiefly British A savings and loan association.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. 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.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. British equivalent of United States savings and loan association
Sorry, no etymologies found.
Dublin-based Cardinal Asset Management, which is receiving backing from the Carlyle Group CYL.UL and U.S. investor Wilbur Ross, recently indicated it would increase the amount of cash it was willing to invest in the Irish building society to more than 600 million euros $810 million, according to a source familiar with the process.