friendly society
noun Date: 1703 British a mutual association for providing life and health insurance and old-age pension benefits to members

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • friendly society — ➔ society * * * friendly society UK US noun [C] (plural friendly societies) ► FINANCE in the UK, an organization to which members pay amounts of money regularly over a long period so that when they are ill or old they will receive money back …   Financial and business terms

  • friendly society — friendly societies N COUNT A friendly society is an organization to which people regularly pay small amounts of money and which then gives them money when they retire or when they are ill. [BRIT] …   English dictionary

  • friendly society — ► NOUN ▪ (in the UK) a mutual association providing sickness benefits, life assurance, and pensions …   English terms dictionary

  • Friendly society — For the Australian charitable organization, see Benevolent Society. A friendly society (sometimes called a mutual society, benevolent society or fraternal organization) is a mutual association for insurance, pensions or savings and loan like… …   Wikipedia

  • friendly society — noun Britain : benefit society * * * friendly society noun A benefit society, an association for relief in sickness, old age or widowhood, by provident insurance • • • Main Entry: ↑friend * * * friendly society UK US noun …   Useful english dictionary

  • Friendly Society — A UK non profit making association registered as such under the Friendly Society Acts (1896 1992). Mutual insurance societies of this kind date back to the 17th century and remained widespread until the introduction of National Insurance in 1946 …   Big dictionary of business and management

  • friendly society — UK / US noun [countable] Word forms friendly society : singular friendly society plural friendly societies an organization in the UK that saves money for people who give small amounts of money regularly …   English dictionary

  • friendly society — Benefit society Benefit society A society or association formed for mutual insurance, as among tradesmen or in labor unions, to provide for relief in sickness, old age, and for the expenses of burial. Usually called {friendly society} in Great… …   The Collaborative International Dictionary of English

  • Friendly Society — A non profitmaking mutual company registered as such under the Friendly Society Acts (1896–1955). Mutual insurance societies were formerly widespread but many closed after the introduction of National Insurance in 1946. Those that remain offer a… …   Accounting dictionary

  • friendly society — friendly so.ciety n an association in Britain that people regularly pay small amounts of money to, which then provides them with money when they become old or ill …   Dictionary of contemporary English

  • friendly society — friendly so,ciety noun count an organization in the U.K. that saves money for people who give small amounts of money regularly …   Usage of the words and phrases in modern English

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”