Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A savings and loan association.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun 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.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun British equivalent of United States savings and loan association
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word building society.
Examples
-
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.
Reuters: Top News 2011
BrainyBabe commented on the word building society
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