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building society

Definitions

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

Etymologies

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Examples

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Comments

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  • Scales, though he was always spending money, was not at all well off; he did not pay for the house himself. A most obliging building society, which existed solely for the purpose of enabling impecunious Englishmen to feel that their homes were their castles, did that. -- ''Yashima, or, The Gorgeous West'' by R T Sherwood, 1931.

    December 24, 2008