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Definition building society in British English

building society noun

[countable] noun
1

a financial organization in the UK in which people invest money to earn interest, and from which they can borrow money to buy a house or flat. A building society is similar to a bank but all its customers have a share in owning it.

Synonyms and related words
1.1

an office of one of these organizations

Synonyms and related words
Definition building society in British English