Translate Raiffeisen To English

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\raif"fei`sen\ (?), a. (economics) 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.

Raiffeisen may refer to:
  • Friedrich Wilhelm Raiffeisen, the founder of the co-operative movement of credit unions

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