Category:Raiffeisen

Raif"fei`sen, a. (economics)

Defn: 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.