Business Terms and Jargon Explained

What is Building Society

This a mutual organisation which is owned by its members. This comprises of both its savers and borrowers. This does not include shareholders, as this type of organisation does not have any. There have been many changes since they first started operating and now are allowed to raise funds through the money markets since the 1980's.

The main purpose of the building society is to lend money for mortgages or remortgages. It also offers other financial services.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Search Term   

N265 Civil Court form Global Accounting Age admitted
Public corporations Valuation reserve Rural Payments Agency
Logical Bomb White-collar worker Down Tick
Log Writ of venire de novo REDCENT
Sniffing Backup Crypto-jacking
Plaintiff Subtenant Fallen Angels
Actuary Just in Time (JIT) Critical Success Factors
Trade secret SHA1 Inti
Interview Quetzal BILL OF SALE
Moonlighting Downtime Synergy
Alibi Cutting edge Team player
KBPS Self-Billing Cancellation Period
Primary legislation Utter Gold fix

Term created / updated 2005-10-07 17:29:25

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.