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

  1. bankingnoun

    engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc.

  2. bankingnoun

    transacting business with a bank; depositing or withdrawing funds or requesting a loan etc.

Wiktionary

  1. bankingnoun

    The business of managing a bank

  2. bankingnoun

    The occupation of managing or working in a bank

  3. bankingnoun

    A horizontal turn.

Wikipedia

  1. 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

  1. 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

  1. Banking

    of Bank

  2. Bankingnoun

    the business of a bank or of a banker

Dictionary of Nautical Terms

  1. banking

    A general term applied to fishing on the great bank of Newfoundland.

Editors Contribution

  1. 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

  1. Spoken Corpus Frequency

    Rank popularity for the word 'Banking' in Spoken Corpus Frequency: #4325

  2. Nouns Frequency

    Rank popularity for the word 'Banking' in Nouns Frequency: #1782

How to pronounce Banking?

How to say Banking in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of Banking in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of Banking in Pythagorean Numerology is: 4

Examples of Banking in a Sentence

  1. Dariusz Kowalczyk:

    I am surprised that the U.S. and oil prices seem to have outweighed concerns about China and Europe. The downside risks to China's growth are significant, especially related to real estate and shadow banking.

  2. Matt Micheli:

    It's a system that encourages people to be engaged and to be involved, it works. Thus far, the system has favored Cruz, who netted nine pledged delegates at Wyoming’s county conventions last month. Donald Trump gained only one. Marco Rubio, still in the race at the time, also secured a delegate. Another was elected unpledged. Ohio Gov. John Kasich, banking on a brokered convention, is not expected to fare well in Wyoming. But John Kasich campaign will still be meeting with delegates in hopes they can convince them to eventually vote for John Kasich beyond a first ballot in Cleveland.

  3. President Sebastian Mejia:

    We are not just a logistics company, we have a broad range of vision that includes fintech and banking.

  4. Franco Morra:

    Not only do you (in Switzerland) have the competencies and the expertise, but also dealing with the past and actually creating a level playing field on tax transparency, I think we will gain a lot in terms of competitiveness as a financial center, that will give us big opportunities to grow again our private banking business.

  5. Samir Assaf:

    You have heard me speak about intensifying our focus on managing costs, by bringing capital financing, banking and the former CMB clients together, we will be able to reduce our spend by identifying cost savings and creating further synergies.

Popularity rank by frequency of use

Banking#1#2638#10000

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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