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Meaning of RAIFFEISEN

Webster's 1913 Dictionary
 
 Definition: 
\Raif"fei`sen\, a. (Economics)
Designating, or pertaining to, a form of co["o]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.
 
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