Meaning Of The Word Building society

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Building society Meaning

Building society Definition
Building society Definition

What's The Definition Of Building society?

building society
countable noun: In Britain, a building society is a business which will lend you money when you want to buy a house. You can also invest money in a building society, where it will earn interest. Compare savings and loan association.

building society in American English
noun

building society in British English
noun: (in the UK) a cooperative organization that accepts deposits of money from savers and uses them to make loans, secured by mortgages, to house buyers. Since 1986 they have been empowered to offer banking services

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