terminating building and loan association

noun

variants: or terminating society

Definition of terminating building and loan association

: a savings and loan association whose members have provided by their articles of association that upon their shares all attaining the value specified in the articles that value shall be paid to the shareholders and the society dissolved

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Dictionary Entries near terminating building and loan association

terminal velocity

terminal voltage

terminate

terminating building and loan association

terminating decimal

termination

terminative

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Cite this Entry

“Terminating building and loan association.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/terminating%20building%20and%20loan%20association. Accessed 6 Mar. 2021.

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