What does banking mean?
Definitions for banking
ˈbæŋ kɪŋbank·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word banking.
Princeton's WordNet
bankingnoun
engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc.
bankingnoun
transacting business with a bank; depositing or withdrawing funds or requesting a loan etc.
Wiktionary
bankingnoun
The business of managing a bank
bankingnoun
The occupation of managing or working in a bank
bankingnoun
A horizontal turn.
Wikipedia
banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties – notably, the Medicis, the Fuggers, the Welsers, the Berenbergs, and the Rothschilds – have played a central role over many centuries. The oldest existing retail bank is Banca Monte dei Paschi di Siena (founded in 1472), while the oldest existing merchant bank is Berenberg Bank (founded in 1590).
ChatGPT
banking
Banking refers to the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money to earn profit. It encompasses a wide range of financial services including deposit accounts, loans, investment services, transfer of funds, issuing credit cards, foreign exchange services, and providing financial advice. The institutions that carry out these activities are known as banks.
Webster Dictionary
Banking
of Bank
Bankingnoun
the business of a bank or of a banker
Dictionary of Nautical Terms
banking
A general term applied to fishing on the great bank of Newfoundland.
Editors Contribution
banking
The business, structures, systems, processes, procedures, regulation, rules, governance and management of a bank.
The banking sector are now paying their fair share of tax to the governments around the world just like every business should.
Submitted by MaryC on March 7, 2020
Matched Categories
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'banking' in Spoken Corpus Frequency: #4325
Nouns Frequency
Rank popularity for the word 'banking' in Nouns Frequency: #1782
Numerology
Chaldean Numerology
The numerical value of banking in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of banking in Pythagorean Numerology is: 4
Examples of banking in a Sentence
I haven't said I'd vote for him or against him, but he hasn't been nominated yet. I've been on Senate Banking Committee a long time, chaired Senate Banking Committee three times, and I raised that in the caucus. Senate Banking Committee would be Senate Banking Committee, being a member of the board of governors of the Federal Reserve is an important job, and you should not have controversy following you in or out of the job.
Chief Prosecutor Corneliu Gurin:
We have irrefutable evidence that Filat, while prime minister, was directly involved in the withdrawal of money from the banking system.
Unlike 2010, the eurozone banking system is much better insulated from possible contagion following the latest negative developments in Greece, nevertheless, we would expect a markdown of EZ (eurozone) banks in particular as they have been recent strong performers and clear beneficiaries of the rather simplistic 'Europe is recovering' reflation trade.
The missing piece is banking.
Your record gives me grave concern. Over and over you have acted to make our banking system less safe. And that makes you a dangerous man to head up Federal Reserve.
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Translations for banking
From our Multilingual Translation Dictionary
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"banking." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/banking>.
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