Building Society

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petern
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Building Society

Post by petern » Tue Apr 02, 2019 5:32 pm

What's a Building Society? Can it be translated as a bank?

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Joe
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Re: Building Society

Post by Joe » Tue Apr 02, 2019 5:42 pm

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.
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