friendly society

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friendly society

a business organization which is owned by its members. Friendly societies were the forerunners of many modern Insurance Companies and BUILDING SOCIETIES. See REGISTRAR OF FRIENDLY SOCIETIES, BUILDING SOCIETIES ACT, 1986.

friendly society

an association of individuals (members) who make regular voluntary contributions into a fund upon which they can draw in times of need or to provide themselves with houses. Friendly societies were the forerunners of the modern INSURANCE SOCIETIES and BUILDING SOCIETIES. See REGISTRAR OF FRIENDLY SOCIETIES, BUILDING SOCIETIES ACT 1986.
References in periodicals archive ?
This theme focuses on the role of museums that, by working to benefit society, become hubs for promoting peaceful relationships between people.
Summary: HOW DOES INVESTMENT BENEFIT SOCIETY,AND HOW CAN INVESTORS MAKE BIG RETURNS WHILE FOCUSING ON IMPACT?
(GCU) is a fraternal benefit society providing life insurance, annuities and additional products to its more than 40,000 members.
Such professional engineering services, used collaboratively, benefit society enormously.
The Advanced Transitions Programme @ DCU, sponsored by Bank of Ireland, will offer a blend of academic, personal and professional development activities which will enable participants to realise a fulfilled and purposeful later-life by harnessing their extensive knowledge, expertise and experience to benefit society.
Sunderland-based Gentoo Group said it plans to become a Community Benefit Society (CBS) during its current financial year, which would result in a more simplified group structure.
Toward a new vision, "To make the world a brighter place," he adds, Covestro will inspire innovation and drive growth "through profitable technologies and products that benefit society and reduce environmental impacts."
Thirty-seven people turned up The Quakers Meeting House to formally agree the rules for the formation of City of Liverpool FC as a Community Benefit Society.
The TaxPayers' Alliance in their comments continually show their contempt for people who do important jobs that benefit society as a whole, rather than just being concerned with lining their own pockets for the benefit of few others.
On October 18-21, 2015, a program at Harvard Business School will help leaders re-focus corporate social responsibility and sustainability efforts in ways that benefit society and business.
She emphasised the importance of exchanging expertise to enhance the capabilities and skills of civil society organisations to ensure sustainability of their programmes and development initiatives and ensure they benefit society.
The term has become a buzzword among international donors and African politicians who take it to mean a fairer distribution of wealth and other measures that benefit society at large.