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building society

/ˈbɪldɪŋ səˌsaɪəti/

1 entry

phrase

/ˈbɪldɪŋ səˌsaɪəti/B2formalbritishbusiness
  • ruФинансовое учреждение в Великобритании, которое предлагает сберегательные счета и ипотечные кредиты, принадлежащее своим членам, а не акционерам, аналогичное кредитному союзу в других странах.

A financial institution in the UK that offers savings accounts and mortgages, owned by its members rather than shareholders, similar to a credit union in other countries.

  1. B2formalbritish

    A financial institution owned by its members that offers savings accounts and mortgages, primarily in the UK.

    ruФинансовое учреждение

    • She opened a savings account at the local building society.
    • Building societies often offer competitive mortgage rates.
    • He took out a loan from the building society to buy his first house.