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
Low energy prices have led to a sharp increase in non-current loans to oil and gas producers, the full impact of low energy prices on the banking industry remains to be seen particularly for consumer and business loans in energy-producing regions of the country.
The central banking issue is more of a factor of everybody trying to stimulate their economies, and how much more can you do?.
This is basically a takeover of the banking sector by the state. I don't understand how this will restore confidence, when you go this way, where is lending going to come from?
There will be some legislative issues with a very large JP Morgan, but continued consolidation within the banking sector along with international competition could push the large to get even larger.
Erdogan is very keen to promote Islamic banking in Turkey, it's part of efforts to turn Istanbul into a financial hub, and also Erdogan's aversion to interest rates, which he views as usually prohibited by Islam.
Popularity rank by frequency of use
Translations for BANKING
From our Multilingual Translation Dictionary
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"BANKING." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/BANKING>.
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