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.

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 • Nov. 17, 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

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

The building society said house prices rose by 0.5% in May, following a slight drop in April.

From BBC • Jun. 2, 2025

Every bank, and brewery, and building society in the world might go into liquidation at once for aught he cared.

From The Book of the Bush Containing Many Truthful Sketches Of The Early Colonial Life Of Squatters, Whalers, Convicts, Diggers, And Others Who Left Their Native Land And Never Returned by Macfarlane, J.

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