permanent building and loan association
- permanent building and loan association
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A building and loan association which issues its stock, not all at once, nor in series, but at any time when application is made therefor. Cook v Equitable Bldg. & Loan Asso. 104 Ga 814, 821.
Ballentine's law dictionary.
Anderson, W.S..
1998.
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savings and loan association — noun a thrift institution that is required by law to make a certain percentage of its loans as home mortgages • Syn: ↑savings and loan • Hypernyms: ↑thrift institution • Hyponyms: ↑building society * * * noun : a cooperative association … Useful english dictionary
savings 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. Also called… … Universalium
Savings and loan association — A savings and loan association, also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage loans. The term is mainly used in the United States; similar institutions in the United Kingdom … Wikipedia
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loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… … Black's law dictionary
Building society — Nationwide Building Society is the UK s and the world s largest building society A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services,… … Wikipedia
building society — noun British equivalent of United States savings and loan association • Hypernyms: ↑savings and loan, ↑savings and loan association * * * building society, British. a savings and loan association. * * * noun, pl ⋯ ties [count] : a British… … Useful english dictionary
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Nationwide Building Society — Type Building Society (Mutual) Industry Banking and Financial Services Founded merger of societies dati … Wikipedia