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Raiffeisen

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Definitions of Raiffeisen
Pronunciation : Raif"fei`sen
Part of Speech : a.
Definition : Defn: Designating, or pertaining to, a form of co?perative 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.

(Economics)
Source : Webster's Unabridged Dictionary, 1913

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