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. Ian Lapey:

    The reality is that these franchises are losing value at a faster rate because technology platforms are out there making loans electronically, kids are entering the banking system today through Robinhood or Venmo or SoFi, they’re not going down to the regional bank in their town.

  2. Thomas Russo:

    If I felt the bank were making a big investment banking push, they would need to do a good job of explaining why it has not made them riskier, otherwise, I would have to revisit the holdings.

  3. The United:

    Meng Wanzhou and other Huawei employees repeatedly lied about the nature of the relationship between Huawei and Skycom and the fact that Skycom operated as Huawei's Iran-based affiliate in order to continue to obtain banking services.

  4. Hassan Rouhani:

    If the five countries came to the negotiating table and we reached an agreement, and if they could protect our interests in the oil and banking sectors, we will go back to square one (and will resume our commitments).

  5. Matt Daly:

    The banking sector is so much better capitalized right now than it was during the 2008 financial crisis. Regulations have only benefited them. Liquidity is there, this crisis feels a lot different than 2008. That was a true challenge to the plumbing of the financial system. We don't have that now.

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. 22 Jun 2024. <https://www.definitions.net/definition/banking>.

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