What does bank-depositor relation mean?
Definitions for bank-depositor relation
bank-de·pos·i·tor re·la·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word bank-depositor relation.
Princeton's WordNet
bank-depositor relationnoun
the responsibility of a bank to act in the best interests of the depositors
ChatGPT
bank-depositor relation
A bank-depositor relation is a financial agreement or relationship between a bank, which extends a variety of banking services such as accepting deposits and offering loans, and a depositor, who is an individual or entity that deposits money with that bank. This relationship is governed by laws and regulations and entails rights and responsibilities for both parties. The depositor entrusts the bank with the custody and management of their deposits, and the bank, in return, often provides interest returns, offers loans, and provides other banking services. The strength of the relationship can affect the services and benefits available to the depositor.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of bank-depositor relation in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of bank-depositor relation in Pythagorean Numerology is: 9
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"bank-depositor relation." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/bank-depositor+relation>.
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