Fraternal Organization

AAA

DEFINITION of 'Fraternal Organization '

The term fraternal organization is from the Latin frater, meaning brother. A fraternal organization is a brotherhood or a type of social organization whose members freely associate for a mutually beneficial purpose such as for social, professional or honorary principles.

INVESTOPEDIA EXPLAINS 'Fraternal Organization '

Fraternal organizations are groups that are formed based on a common bond, as with social or academic interests. Examples of fraternal organizations include college fraternities which are based on religion, previous members or just common interests. Sometimes these organizations provide great networking opportunities which allow graduates a smoother transition into the workforce.

RELATED TERMS
  1. Beta Alpha Psi

    An honorary organization for financial information students and ...
  2. Socionomics

    The study of the relationship between social mood and social ...
  3. Behavioral Finance

    A field of finance that proposes psychology-based theories to ...
  4. Behavioral Economics

    The study of psychology as it relates to the economic decision ...
  5. Behaviorist

    1. One who accepts or assumes the theory of behaviorism (behavioral ...
  6. Market Psychology

    The overall sentiment or feeling that the market is experiencing ...
Related Articles
  1. Tired Of Banks? Try A Credit Union
    Retirement

    Tired Of Banks? Try A Credit Union

  2. Unions: Do They Help Or Hurt Workers?
    Economics

    Unions: Do They Help Or Hurt Workers?

  3. Do nonprofit organizations pay taxes?
    Investing

    Do nonprofit organizations pay taxes?

  4. Budget Tips for Foreign Students in ...
    Budgeting

    Budget Tips for Foreign Students in ...

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center