RAIFFEISEN
\ɹˈe͡ɪfa͡ɪzən], \ɹˈeɪfaɪzən], \ɹ_ˈeɪ_f_aɪ_z_ə_n]\
Definitions of RAIFFEISEN
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Designating, or pertaining to, a form of cooperative bank founded among the German agrarian population by Friedrich Wilhelm Raiffeisen (1818-88); as, Raiffeisen banks, the Raiffeisen system, etc. The banks are unlimited-liability institutions making small loans at a low rate of interest, for a designated purpose, to worthy members only.
By Oddity Software
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Designating, or pertaining to, a form of cooperative bank founded among the German agrarian population by Friedrich Wilhelm Raiffeisen (1818-88); as, Raiffeisen banks, the Raiffeisen system, etc. The banks are unlimited-liability institutions making small loans at a low rate of interest, for a designated purpose, to worthy members only.
By Noah Webster.
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Nearby Words
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