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an organization where people and businesses can invest or borrow money, change it to foreign money, etc., or a building where these services are offered: The big banks have been accused of exploiting small firms. I need to go to the bank at lunchtime.
bank. 1 of 5. noun (1) ˈbaŋk. Synonyms of bank. 1. : a mound, pile, or ridge raised above the surrounding level: such as. a. : a piled-up mass of cloud or fog. a fog bank. a bank of dark clouds. b. : an undersea elevation rising especially from the continental shelf. 2.
Banks lend money by making advances to customers on current accounts, by making installment loans, and by investing in marketable debt securities and other forms of money lending. Banks provide different payment services, and a bank account is considered indispensable by most businesses and individuals.
Mar 28, 2023 · 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...
BANK meaning: 1. an organization where people and businesses can invest or borrow money, change it to foreign…. Learn more.
Jul 5, 2024 · bank, an institution that deals in money and its substitutes and provides other money-related services. In its role as a financial intermediary, a bank accepts deposits and makes loans.
The word bank is used as a noun to refer to a place where people deposit money or to a long mound or slope, like a riverbank. Bank is also used as a verb meaning to bounce off of something. The word bank is very common and has several other senses, as both a noun and a verb.
