Definition of bank

A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide. Examples of statutory definitions : " banking. How to use bank in a sentence.

It receives money from those who want to save in the form of. Definition for banks (of 4).

Meaning, pronunciation, translations and examples. Primary Meanings of bank. English dictionary definition of bank. Lending activities can be performed either directly or.

A mass of sand running along the shore is an example of a bank. A bank deals in money in the same way as a businessman deals in goods.

A financial institution that is licensed to deal with money and its substitutes by accepting time and demand deposits, making loans, and investing in securities. Major banks are increasing the amount they lend to small companies.

BANK IN (phrasal verb) meaning, pronunciation and more by Macmillan. He got a large loan from the bank. She got a bank loan to finance the purchase.

For purposes of sections 5and 58 the term “bank” means a bank or trust company incorporated and doing. This Slang page is designed to explain what the meaning of bank is. Online Slang Dictionary. A bank earns money from interest it receives on loans and other assets, and it pays out money to customers who make deposits into.

Net banking income measures the balance between bank operating revenues and expenses. More specifically, operating revenues. Enrich your vocabulary. Not sufficient funds ( NSF) checks: When a customer deposits a check into an account but the account.

A bank allows a person with excess money (Saver) to deposit his. Mar In short, the granting of a loan forces the lending bank to set up an allowance in its balance sheet to cover its potential writing off as an asset if its. For normal accounts, banks.

Financial assets of a bank include loans, overdrafts, customers liability under letter of credit, bonds, security, stock and checks on other banks. Insurance companies, insurance special purpose vehicles.

A person or an entity that takes money from someone else for various purposes.

The most important. No exemption from def - inition of dealer ( ( ) ). Exempt from definition ( ( a ) ( ) ). To authorize member banks of the Federal Reserve System to enter into pass- through arrangements and eliminating the provision in the savings deposit definition. March Mark Ellingson.

Government senders, receiving banks, and beneficiaries. COM the-definition. Définition : Qui se rapporte à. A central bank is a semi-independent government authority that conducts monetary policy, regulates banks, and provides financial services.

Transactions made using checks drawn on deposits held at banks involve the use of.