building society

noun

British

: a British business that is like a bank, that holds and invests the money saved by its members, and that provides loans and mortgages

Examples of building society in a Sentence

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The building society said house prices rose 0.1% on a monthly basis in October, down from a 0.6% increase in the month prior. —

Sam Meredith, CNBC, 1 Nov. 2024

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“Building society.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/building%20society. Accessed 26 Dec. 2024.

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