Bank
/bæŋk/
Definitions
- (n.) A financial institution licensed to receive deposits and make loans.
She deposited her paycheck at the local bank.
- (v.) To conduct business with a bank, especially to deposit or withdraw money.
He banks with a national credit union.
Forms
- banking
- banke
- banks
- banked
Related terms
See also
Commentary
In legal contexts, 'banking' often refers to regulated activities involving deposit-taking and lending; precise definitions may vary by jurisdiction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.