Meaning of building society | Babel Free
Definitions
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.
Commonwealth, Ireland, UK
Equivalents
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.