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What does friendly society mean

Friendly society , mutual-aid organization formed voluntarily by individuals to protect members against debts incurred through illness, death, or old age. Friendly societies arose in the 17th and 18th centuries and were most numerous in the 19th century. Friendly societies had their origins in the burial societies of ancient Greek and Roman artisans. In the Middle Ages the guilds of Europe and England extended the idea of mutual assistance to other circumstances of distress, such as illness.

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friendly society

Add friendly society to one of your lists below, or create a new one. Improve your vocabulary with English Vocabulary in Use from Cambridge. Learn the words you need to communicate with confidence. Gathering, compiling and analyzing: talking about data 1. Definitions Clear explanations of natural written and spoken English.

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This is a good example of how the word is used. The word in the example sentence does not match the entry word. The sentence contains offensive content. Cancel Submit. Your feedback will be reviewed. Assn Assoc. Want to learn more? Friendly societies and trade unions have their badges, banners, and buttons. Friendly societies have largely taken to investing their surplus funds in loans to members on the building society principle.

With this intention, he established two friendly societies in the place, and afterwards a local bank for the savings of the industrious. 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. Examples of friendly society. He was accountant to the overseers and highway surveyors, and clerk to the local friendly society. From Cambridge English Corpus. Members of friendly society sick clubs had access to a contract doctor and sickness benefits in the event of their being unable to work.

These examples are from the Cambridge English Corpus and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

Only in the spheres of organized sport, friendly society activity, economic and trade co-operation was the railway workforce strongly represented in town-based social organizations. That pension, however, should be based rigidly on the contribution principle, and should be passed to an independent body of the mutual, friendly society type.

From the Hansard archive. Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.

These societies could give fresh life to the whole friendly society movement. I am encouraged by the enthusiasm shown by the friendly society movement to play a part in welfare reform.

Three had previous experience of friendly society work, one of trades union work, one of public health work, and eight of social work. Contributions are being paid in full to the voluntary side of the friendly society as well as the compulsory side.

It is a departure from all friendly society methods. Should they be allowed to receive that through the friendly society? They do not put all their eggs in one basket, but they take out policies in more than one friendly society. It is not entitled, as a friendly society , to trade. They may never have had them, having joined the friendly society as their approved society because their father did.

The friendly society must be formed by the union members and not by the union. At present, a trade union which is registered as a friendly society has certain tax concession. See all examples of friendly society. Translations of friendly society in Chinese Traditional.

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Friendly society

To save this word, you'll need to log in. Log In Definition of friendly society British : a mutual association for providing life and health insurance and old-age pension benefits to members First Known Use of friendly society , in the meaning defined above Keep scrolling for more Learn More about friendly society Share friendly society Post the Definition of friendly society to Facebook Share the Definition of friendly society on Twitter Time Traveler for friendly society. See more words from the same year Dictionary Entries near friendly society friendly friendly crab friendly fire friendly society friendly with Friend of God friend of the court. Accessed 17 May.

Add friendly society to one of your lists below, or create a new one. Improve your vocabulary with English Vocabulary in Use from Cambridge. Learn the words you need to communicate with confidence.

A friendly society sometimes called a mutual society, benevolent society, fraternal organization or ROSCA is a mutual association for the purposes of insurance , pensions, savings or cooperative banking. It is a mutual organization or benefit society composed of a body of people who join together for a common financial or social purpose. Before modern insurance and the welfare state , friendly societies provided financial and social services to individuals, often according to their religious, political, or trade affiliations. These societies are still widespread in many parts of the developing world, where they are referred to as ROSCAs rotating savings and credit associations , ASCAs accumulating savings and credit associations , burial societies, chit funds, etc.

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Comments: 1
  1. Felmaran

    It is very a pity to me, that I can help nothing to you. I hope, to you here will help.

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