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

However, late last year, the UK's biggest building society, the Nationwide, pledged to keep all of its 696 branches open until at least 2030, although it too has closed branches in the past.

From BBC • Feb. 11, 2026

Prices were down 0.6% month-on-month, the building society said.

From BBC • Apr. 30, 2025

A home affordability index report published by Skipton Group building society found six out of the 10 least affordable areas of Britain were in Wales.

From BBC • Mar. 23, 2025

Before building society anew, she seeks to destroy the errors and injustice of the past, hence we find women critics in every department of thought.

From History of Woman Suffrage, Volume I by Stanton, Elizabeth Cady

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