RAIFFEISEN 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 wo…
RATHSKELLER n.
Orig., in Germany, the cellar or basement of the city hall, usually rented for use as a restaurant where beer is sold; hence, a beer saloon of the German type below the street level, where, usually, drinks are served only at tables and simple food may also be had; -- sometimes loosely used, in English, of what are esse…