building society

British

noun

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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

And the building society said it wanted to protect vulnerable people and offer more support services.

From BBC • Nov. 11, 2025

The UK bank and building society sector has seen widespread branch closures in recent years, as many customers have switched to online and mobile banking.

From BBC • Nov. 11, 2025

Veronica Lewis says that the banking hub is "brilliant", but that she can't come with her husband as he is with Nationwide, a building society which is not included in the hub model.

From BBC • Oct. 23, 2025

Fraud teams at Nationwide, the UK's biggest building society, said trusted friends could help potential victims avoid sending private or intimate images during new online relationships.

From BBC • Jun. 21, 2025

It was a building society and its allied concerns.

From The Hearts of Men by Fielding, H. (Harold)

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023