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.

"Mortgage pricing is closely linked to swap rates, and as these have moved in recent days we've had to adjust some of our mortgage rates too," the building society said in a statement.

From BBC • Mar. 6, 2026

Bucking the trend of banks shutting stores, Nationwide, the UK's biggest building society, has pledged to keep all of its remaining 696 branches open until at least 2030.

From BBC • Jan. 29, 2026

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

Prices fell by 0.8% last month, the biggest monthly decline since February 2023, which the building society said may reflect weaker demand following the changes to stamp duty in April.

From BBC • Jul. 1, 2025

Have you gone into the insurance fund, the pension fund, the building society, the various applications of co-operation!?

From Major Barbara by Shaw, Bernard

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