building society

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Related to Building societies: Building Societies Act

building society

n. Chiefly British
A savings and loan association.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

building society

n
(Banking & Finance) (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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

building society

savings and loan
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.building society - British equivalent of United States savings and loan association
savings and loan, savings and loan association - a thrift institution that is required by law to make a certain percentage of its loans as home mortgages
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
جَمْعِيَّةُ بِناء أو شِراء مَساكِن
stavební spořitelna
kreditforening
lakásépítõ szövetkezet
fjármögnunarfélag fasteigna
stavebná spoločnosť
yapı kredi kooperatifiyapı kredi kurumu

building society

n (Brit) → istituto di credito immobiliare
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

build

(bild) past tense, past participle built (-t) verb
to form or construct from parts. build a house/railway/bookcase.
noun
physical form. a man of heavy build.
ˈbuilder noun
a person who builds houses etc. The builder who built our house has gone bankrupt.
ˈbuilding noun
1. the art or business of putting up (houses etc) (also adjective). a building contractor.
2. anything built. The new supermarket is a very ugly building.
ˈbuilding society
a business firm that lends money for building or buying houses.
ˌbuilt-ˈin adjective
forming a permanent part of the building etc. Built-in cupboards save space.
ˌbuilt-ˈup adjective
covered with houses etc. a built-up area.
build up
1. to increase (the size or extent of). The traffic begins to build up around five o'clock.
2. to strengthen gradually (a business, one's health, reputation etc). His father built up that grocery business from nothing.
Kernerman English Multilingual Dictionary © 2006-2013 K Dictionaries Ltd.
References in periodicals archive ?
Securities and Exchange Commission, affirmed the ratings of five UK building societies following a periodic review.
At a time when more and more banks and building societies are reducing their financial advice offering Newcastle Building Society are still proving access to Newcastle Financial Advisers in their 27 branches.
Building societies are owned by their customers - this means they are mutual organisations, and, unlike banks, they are not geared towards or driven by external shareholders.
It allows consumers to make secure payments to account holders of other participating banks or building societies using only the recipient's mobile phone number.
He said: "Many clubs, societies and charities prefer to bank with building societies because they are seen as more ethical and locally based than banks.
SWANSEA Building Society's chief executive believes an unintended consequence of the Bank of England's Funding for Lending Scheme, introduced to encourage banks and building societies to lend more, has been lower interest rates for savers.
GROSS mortgage lending by building societies and mutual lenders totalled PS3bn in October - up by 29% compared with the same month last year.
DARLINGTON Building Society Chief Executive David Dodd has been elected to the Building Societies Association National Council.
On the second day of the Building Societies Annual Conference, Yorkshire Building Society called for Northern Rock to be transferred back into a building society.
John Sutherland, chief executive of Stroud & Swindon Building Society, added: "Today's announcement is excellent news for Stroud & Swindon members who have the opportunity to join one of the UK's strongest and most profitable building societies.

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