The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

FRIENDLY SOCIETY Definition & Legal Meaning

Definition & Citations:

In the United Kingdom, a mutual institution for savings and life INSURANCE that is owned and operated by its members; the organizational structure of the friendly society conveys certain tax advantages to the mutual owners.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.