Definition of Building society

1. Noun. British equivalent of United States savings and loan association.


Definition of Building society

1. Noun. (British 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. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Building Society

buildest
buildeth
building
building block
building blocks
building code
building codes
building complex
building department
building material
building on
building permit
building site
building sites
building societies
building society (current term)
building supply house
building supply store
building up
buildingless
buildings
buildingwide
buildout
buildouts
builds
builds on
builds up
builds upon
buildup
buildups

Literary usage of Building society

Below you will find example usage of this term as found in modern and/or classical literature:

1. Prideaux's Precedents in Conveyancing: With Dissertations on Its Law and by Frederick Prideaux, John Whitcombe (1889)
"RECEIPT to be indorsed on or annexed to a MORTGAGE to a building society on payment ... THE building society hereby acknowledges to have received all moneys ..."

2. The Law Reports by Great Britain Court of Chancery, George Wirgman Hemming (1870)
"The receipt of money on deposit is no more inconsistent with the objects . of a building society than the purchase of land, which has been held to be lawful ..."

3. Journal of the Statistical Society of London by Statistical Society (Great Britain) (1886)
"A building society does not build, nor can the funds of the society be appropriated ... A building society is simply a mutual savings bank and loan society. ..."

4. Industrial investment and emigration, being a treatise on benefit building by Arthur Scratchley (1857)
"CHAPTER V. THE PRACTICAL MANAGEMENT OF A BENEFIT building society. ... Let us now examine the position of the Benefit building society with respect to this ..."

5. Dictionary of National Biography by LESLIE. STEPHEN (1895)
"Nicholson was a great promoter of the benefit building society systems, a founder of the Bank of Victoria, and chairman of the Australian Fire and Life ..."

6. The Law Journal Reports: New Series (1881)
"Principal and Agent—building society —Certified Bides—Borrowing in Excess of ... Бу the certified rules of an unincorporated building society tlie directors ..."

7. Reports of Cases in Chancery, Argued and Determined in the Rolls Court by Baron Henry Bickersteth Langdale, Chaloner William Chute, John Romilly Romilly, Charles Beavan (1869)
"288 building society. 1. A benefit building society it not precluded from ... A benefit building society took a mortgage from a member before its rules had ..."

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