Banks
/bæŋks/
Definitions
- (n.) Financial institutions licensed to receive deposits, make loans, and provide other monetary services.
Several banks merged to form a larger financial entity.
- (n.) The sides of a river or stream, often relevant in property and water law.
The property extends to the banks of the river.
Related terms
See also
Commentary
In legal contexts, 'banks' primarily refers to financial institutions but can also pertain to geographic features influencing property rights.
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.