Building and loan association

Updated: Aug 20, 2021

A US cooperative institution providing mortgage finance for home owners. This is the US equivalent of a UK building society.

Reference: Oxford Press Dictonary of Economics, 5th edt.

Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.