Banked
/ˈbæŋkt/
Definitions
- (adj.) Describes an act or condition in finance or law relating to a transaction or position that has been entered into or established.
The banked loan was recorded in the company's financial statements.
- (v.) Past tense of bank.
She banked the funds to secure the investment.
Related terms
See also
Commentary
Primarily used as past tense or past participle of 'bank' in legal and financial contexts; 'banked' as an adjective is less common but can describe secured or recorded financial items.
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.