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Definition of Provident Society in English: Provident Societynounˈprɒvɪdəntsəsʌɪəti British another term for friendly society Example sentencesExamples - TAG has also formed itself as an Industrial and Provident Society allowing the community to make donations towards the scheme.
- More than 180 residents bought a £10 share in an ‘Industrial and Provident Society’.
- Last month TAG resolved to form an Industrial and Provident Society to raise money toward the cost of building the new town hall.
- We have registered as an Industrial and Provident Society, a type of community co-operative, and in order to fund the establishment of the shop, we are offering shares to local residents, as well as applying to grant-making bodies.
- Malmesbury Town Hall Action Group, which has come up with a new plan for the redevelopment of the building, voted last week to form a Industrial and Provident Society.
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