building society

build·ing so·ci·e·ty
B b


    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [bil-ding suh-sahy-i-tee]
    • /ˈbɪl dɪŋ səˈsaɪ ɪ ti/
    • /ˈbɪldɪŋ səˈsaɪəti/
    • US Pronunciation
    • US IPA
    • [bil-ding suh-sahy-i-tee]
    • /ˈbɪl dɪŋ səˈsaɪ ɪ ti/

Definitions of building society words

  • countable noun building society In Britain, a building society is a business which will lend you money when you want to buy a house. You can also invest money in a building society, where it will earn interest. Compare savings and loan association. 3
  • noun building society (in the UK) a cooperative organization that accepts deposits of money from savers and uses them to make loans, secured by mortgages, to house buyers. Since 1986 they have been empowered to offer banking services 3
  • noun building society savings and loan association. 1
  • noun building society (Britain, banking) A type of financial institution which traditionally was based on lending money (as mortgages) to society members to buy houses, from other members pooled savings and/or money borrowed wholesale. 0

Information block about the term

Origin of building society

First appearance:

before 1840
One of the 33% newest English words
First recorded in 1840-50

Historical Comparancy

Parts of speech for Building society


building society popularity

This term is known only to a narrow circle of people with rare knowledge. Only 1% of English native speakers know the meaning of this word.
According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

building society usage trend in Literature

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Synonyms for building society

noun building society

  • bank — A bank is a building where a bank offers its services.
  • thrift — economical management; economy; frugality.
  • building and loan association — a cooperative savings institution, chartered and regulated by a state or the federal government, that receives deposits in exchange for shares of ownership and invests its funds chiefly in loans secured by first mortgages on homes.
  • savings bank — a bank that receives savings accounts only and pays interest to its depositors.

See also

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