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- DictionaryBank/baNGk/
noun
- 1. the land alongside or sloping down to a river or lake: "willows lined the bank"
- 2. a slope, mass, or mound of a particular substance: "a bank of snow"
verb
- 1. heap (a substance) into a mass or mound: "the rain banked the soil up behind the gate"
- 2. (of an aircraft or vehicle) tilt or cause to tilt sideways in making a turn: "the plane banked as if to return to the airport"
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Learn the various meanings and uses of the word bank, from a mound or slope to a financial institution or a group of objects. See synonyms, examples, etymology, and related phrases of bank.
Learn the meanings and uses of the word bank in different contexts, such as money, river, mass, store, and verb. Find out how to pronounce bank and see related words and phrases.
- What Is A Bank?
- Understanding Banks
- How Are Banks Regulated?
- Types of Banks
- Bank vs. Credit Union
- The Bottom Line
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A bank is a financial institution that is licensed to accept checking and savings deposits and make loans. Banks also provide related services such as individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes. There are several types of banks including retail banks, commercial or corporate banks...
Banks have existed since at least the 14th century. They provide a safe place for consumers and business owners to stow their cash and a source of loans for personal purchases and business ventures. In turn, the banks use the cash that is depositedto make loans and collect interest on them. The basic business plan hasn't changed much since the Medi...
U.S. banks came under intense scrutiny after the global financial crisisof 2008. The regulatory environment for banks was tightened considerably as a result. Depending on their business structures, U.S. banks may be regulated at the state or national level, or both. State banks are regulated by each state's department of banking or department of fi...
Most banks can be categorized as retail, commercial or corporate, or investment banks. The big global banks often operate separate arms for each of these categories.
Credit unionsoffer banking services but, unlike banks, they are not-for-profit institutions created for and managed by their members or customers. Credit unions provide routine banking services to their clients, who are generally called members. Credit unions are created, owned, and operated by their clients, and are generally tax-exempt. Members p...
At the very least, a bank is where you stash your cash until you use it to pay the bills or withdraw money. It can also be the place where you get a loan to buy a car or a mortgage to buy a house. If you're running a small business, it may be where you go to borrow money to expand or improve. Before choosing a bank, you should make a comparison of ...
A bank is a financial institution that accepts deposits and makes loans. Learn about the different types of banks, such as retail, commercial, and investment banks, and how they are regulated by the government.
- Adam Barone
- 2 min
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Learn the meaning of bank as a noun and a verb in different contexts, such as money, river, mass, store, and sports. See how to use bank in sentences and phrases with synonyms and related words.
2 days ago · Learn about the role and functions of banks as financial intermediaries that deal in money and its substitutes. Explore the different types of banks, such as commercial, central, and thrift institutions, and their history and development.
A bank is an institution that allows people to deposit money into an account (called a bank account) for safekeeping. Banks often offer many other money-related services such as lending money, sending money to other people, exchanging large bills for smaller bills, and providing credit cards.
