BUILDING SOCIETY - a mutual organisation owned by its members not by shareholders. Members are the people who save with and borrow from the building society. Building societies do not pay dividends to shareholders so they can pass this saving on to members.Nationwide je building society a nie banka, neviem aky je tam presne rozdiel, ale svojich zakaznikov si zrejme moznu vyberat podla prisnejsich kriterii.
BANK - depository financial institution: a financial institution that accepts deposits and channels the money into lending activities for profit.
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