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Building Society

Posted: Tue Apr 02, 2019 5:32 pm
by petern
What's a Building Society? Can it be translated as a bank?

Re: Building Society

Posted: Tue Apr 02, 2019 5:42 pm
by Joe
In British English a building society is a financial organization that pays interest on investments and lends money (mortgages) for the purchase of houses. It is similar to a bank, but there are important legal differences.