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单词 friendly society
释义

Definition of friendly society in English:

friendly society

noun
  • (in the UK) a mutual association providing sickness benefits, life assurance, and pensions.

    Example sentencesExamples
    • He has been the labour historian most concerned with uncovering forgotten histories, including the histories of mutuals and friendly societies.
    • He also secured an Act in 1793 to encourage with parochial funds the formation of friendly societies.
    • And this particularly applies to the tax exempt savings plans that you can get with friendly societies.
    • The respectable artisan who attended chapel in his Sunday best and ran a friendly society in his spare time was a more important and emblematic figure of modernity than the wild-eyed revolutionary with flaming torch.
    • The friendly society, which specialises in providing affordable products to suit families, has until now relied almost exclusively on a single sales channel - direct home sales.
    • It seems more likely that the event grew naturally out of the annual walks and picnics of the Braemar Wrights Society, a friendly society set up for local artisans.
    • The evening also features slides and a talk from local favourite Bill Mitchell, plus songs, dialect poems and a presentation on the growth of friendly societies inspired by Skipton Building Society which is also 150 years old.
    • The friendly society also offers a facility, which is particularly popular for grandparents, whereby you can give them all the premiums for the entire plan at the outset, in return for a discount.
    • The first was self-help, either by individuals or by groups pooling their resources and sharing risks in friendly societies and workers' associations.
    • Clubs have always tended to become businesses, since the friendly societies gave way to mutual funds.
    • The select committee has recommended a separate exemption for those funds that have the required mutual characteristics of friendly societies, which are exempt from income tax, provided they meet certain criteria.
    • Many friendly societies and insurance companies offer special stock market-based investments for young savers, but charges can be high, conditions can be inflexible and investment performance has often been terrible.
    • According to a survey by the Oddfellows friendly society, the average cost of a burial in 2000 was £2,048.
    • These are tax-free savings plans sold by The Children's Mutual, which is a friendly society.
    • Among millionaires aged between 18 and 44, there are now 24% more women than men, according to Liverpool Victoria, a friendly society.
    • It has also installed an integrated sales system for one of the largest friendly societies in the country.
    • An incorporated friendly society must include in its purposes the provision on a mutual basis of insurance against loss of income, principally as a result of sickness, unemployment, or retirement.
    • They can buy from life insurance companies, friendly societies, unit trusts, building societies, or banks.
    • In contrast, a building society or a friendly society has set guidelines on the purposes for which it will lend.
    • In 1997, over 12 million people were covered for medical expenses by insurers, friendly societies, and cash plan companies.

Origin

Originally the name of a particular fire-insurance company operating circa1700.

 
 
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更新时间:2024/12/24 3:39:13