building and loann.

Brit.

/ˌbɪldɪŋ (ə)n(d) ˈləʊn/, U.S.

/ˌbɪldɪŋ ən ˈloʊn/

Origin: Formed within English, by compounding. Etymons: building n., and conj.¹, loan n.¹

Etymology: < building n. + and conj.¹ + loan n.¹

Chiefly U.S. (now historical).

I. Compounds.

1. Designating a financial institution, esp. a mutual association, which pays interest on investments made by its members and lends capital for the building or purchase of houses.Building and loan associations were originally modelled on British building societies. Following the Great Depression, they became federally regulated and developed into savings and loan companies which offered additional services, such as current and savings accounts (see savings and loan n.).

ΘΠ

society > trade and finance > financial dealings > banking > [adjective] > types of financial institution

mutual1784

savings and loan1840

Islamic1950

1839 Sheffield Independent 2 Feb. 4/3 (advt.) The Public are respectfully informed, that a New Building and Loan Company, is now formed at the House of Mr. Wm. Appleyard.

1896 Rocky Mountain News (Denver) 22 Mar. 4/7 The Granite State Provident association..is a large building and loan company doing business in no less than twenty-eight states of the union besides Colorado.

1936 Economist 5 Sept. 424/1 The building and loan societies, whose work was largely paralysed by the depression, were rescued in 1932 by the new Federal Home Loan Banks, which will rediscount mortgages.

2019 Contify Banking News (Nexis) 16 July Established in 1893 as a building and loan association, the bank now offers a full range of financial services.

II. Simple uses.

2. A building and loan association or institution (see sense 1). Abbreviated B & L.

ΘΠ

society > trade and finance > financial dealings > banking > [noun] > savings, building, or friendly societies

box club1728

building-society1848

mutual1869

slate club1888

susu1919

savings and loan1962

thrift1981

thrift institution1982

merry-go-round1989

1886 Sacramento (Calif.) Daily Record-Union 10 Sept. (advt.) Building and Loan... The Mechanics' Building and Loan Association has issued a Second Series of Stock, which can be had on application at the office of the Secretary.

1946 F. Goodrich et al. It's Wonderful Life (transcribed from film) [George] If Potter gets hold of this Building and Loan there'll never be another decent house built in this town.

2014 Financial Hist. (Mus. Amer. Finance) Spring 31/1 Specifics varied.., but almost all building and loans were mutual corporations.., and they all channeled funds for building new homes from one group of consumers to another.

This is a new entry (OED Third Edition, December 2022).

单词	building and loan
释义	building and loann. Brit. /ˌbɪldɪŋ (ə)n(d) ˈləʊn/, U.S. /ˌbɪldɪŋ ən ˈloʊn/ Origin: Formed within English, by compounding. Etymons: building n., and conj.¹, loan n.¹ Etymology: < building n. + and conj.¹ + loan n.¹ Chiefly U.S. (now historical). I. Compounds. 1. Designating a financial institution, esp. a mutual association, which pays interest on investments made by its members and lends capital for the building or purchase of houses.Building and loan associations were originally modelled on British building societies. Following the Great Depression, they became federally regulated and developed into savings and loan companies which offered additional services, such as current and savings accounts (see savings and loan n.). ΘΠ society > trade and finance > financial dealings > banking > [adjective] > types of financial institution mutual1784 savings and loan1840 Islamic1950 1839 Sheffield Independent 2 Feb. 4/3 (advt.) The Public are respectfully informed, that a New Building and Loan Company, is now formed at the House of Mr. Wm. Appleyard. 1896 Rocky Mountain News (Denver) 22 Mar. 4/7 The Granite State Provident association..is a large building and loan company doing business in no less than twenty-eight states of the union besides Colorado. 1936 Economist 5 Sept. 424/1 The building and loan societies, whose work was largely paralysed by the depression, were rescued in 1932 by the new Federal Home Loan Banks, which will rediscount mortgages. 2019 Contify Banking News (Nexis) 16 July Established in 1893 as a building and loan association, the bank now offers a full range of financial services. II. Simple uses. 2. A building and loan association or institution (see sense 1). Abbreviated B & L. ΘΠ society > trade and finance > financial dealings > banking > [noun] > savings, building, or friendly societies box club1728 building-society1848 mutual1869 slate club1888 susu1919 savings and loan1962 thrift1981 thrift institution1982 merry-go-round1989 1886 Sacramento (Calif.) Daily Record-Union 10 Sept. (advt.) Building and Loan... The Mechanics' Building and Loan Association has issued a Second Series of Stock, which can be had on application at the office of the Secretary. 1946 F. Goodrich et al. It's Wonderful Life (transcribed from film) [George] If Potter gets hold of this Building and Loan there'll never be another decent house built in this town. 2014 Financial Hist. (Mus. Amer. Finance) Spring 31/1 Specifics varied.., but almost all building and loans were mutual corporations.., and they all channeled funds for building new homes from one group of consumers to another. This is a new entry (OED Third Edition, December 2022). < n.1839
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