Synonyms

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.

Many investment companies that sell stocks and shares Isas back such a move, while banks and building societies who dominate the cash Isa market are more cautious.

From BBC

Customers with bank accounts in the UK will see a significant increase in the amount of money that is protected if their bank or building society collapses.

From BBC

The UK's biggest building society, the Nationwide, has pledged to keep all of its 696 branches open until at least 2030.

From BBC

Those plans were put on hold after strong opposition from banks, building societies and consumer campaigners.

From BBC

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

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