RAIFFEISEN

a.

1 definition — Webster’s Dictionary (1828)


a.

Designating, or pertaining to, a form of coöperative 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.


← RAIDER R — all words RAIL →