RAIFFEISEN
Raif"fei`sen, a. (Economics)
Definition: 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.
Source: Webster’s Unabridged Dictionary 1913 Edition
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1 February 2025
GRIP
(noun) an intellectual hold or understanding; “a good grip on French history”; “they kept a firm grip on the two top priorities”; “he was in the grip of a powerful emotion”; “a terrible power had her in its grasp”
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