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

Last year, a Nationwide advert featuring actor Dominic West that claimed the building society was not closing branches was banned.

From BBC • Nov. 11, 2025

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

From BBC • Nov. 11, 2025

A proposed change to banking rules will increase significantly the amount of savers' money that is protected when a bank or building society goes under.

From BBC • Mar. 31, 2025

He appreciated the full force of Broughton’s remark, repeated by Lady Agnes, that the building society, his client, would be sure to support Violet Waldron’s claim.

From World's End A Story in Three Books by Jefferies, Richard

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