Definition of Provident Society in English:
Another term for friendly society.
- Malmesbury Town Hall Action Group, which has come up with a new plan for the redevelopment of the building, voted last week to form a Industrial and Provident Society.
- We have registered as an Industrial and Provident Society, a type of community co-operative, and in order to fund the establishment of the shop, we are offering shares to local residents, as well as applying to grant-making bodies.
- More than 180 residents bought a £10 share in an ‘Industrial and Provident Society’.
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