Noun: building society 'bilding su'sIitee Usage: Brit (=savings and loan association)
- British equivalent of United States savings and loan association
- savings and loan association [US] - A thrift institution that is required by law to make a certain percentage of its loans as home mortgages
- savings and loan, savings and loan association [US]
Derived forms: building societies Type of: thrift institution Encyclopedia: Building society |