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building society

noun, British
Origin of building society
1840-50 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for building society
  • The index is a nationwide building society house price index.
  • The site provides educational material used for teaching voyaging crews and for teams building society canoes.
British Dictionary definitions for building society

building society

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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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