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Sunday, December 22nd, 2024
the Fourth Week of Advent
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Bible Dictionaries
Raiffeisen

Webster's Dictionary

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(a.) 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.

Bibliography Information
Webster, Noah. Entry for 'Raiffeisen'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​r/raiffeisen.html. 1828.
 
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