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- Dictionarybanking/ˈbaŋkɪŋ/
noun
- 1. an embankment or artificial bank: "I climbed down the banking and took a photograph"
- 2. the use of a second locomotive to provide additional power for a train ascending an incline: British "four engines of this class are used for banking"
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Banking refers to the system of financial institutions, such as banks and credit unions, that provide various financial services to individuals, businesses, and governments.
Sep 21, 2017 · A bank is a financial institution which performs the deposit and lending function. A bank allows a person with excess money (Saver) to deposit his money in the bank and earns an interest rate. Similarly, the bank lends to a person who needs money (investor/borrower) at an interest rate.
The meaning of BANKING is the business of a bank or a banker. How to use banking in a sentence.
Oct 21, 2021 · Definition. Banking is an industry that handles cash, credit, and other financial transactions for individual consumers and businesses alike. Banking provides the liquidity needed for families and businesses to invest in the future, and is one of the key drivers of the U.S. economy.
Mar 28, 2023 · A bank is a financial institution that is licensed to accept checking and savings deposits and make loans. Banks also provide related services such as individual...
3 days ago · bank, an institution that deals in money and its substitutes and provides other money-related services. In its role as a financial intermediary, a bank accepts deposits and makes loans.
Jan 3, 2023 · Definition, Importance, Types, Role. Last Updated on 3 January 2023. Manoj Singh. 25 mins read. Banking. What is Bank? Bank is a lawful organization which accepts deposits that can be withdrawn on demand. It also tends money to individuals and business houses that need it. Table of Contents [ Hide] 1 What is Bank? 2 Bank Definition.
BANKING definition: 1. the business of operating a bank: 2. the activity of managing the money in your bank accounts…. Learn more.
Banking definition: the business carried on by a bank or a banker. . See examples of BANKING used in a sentence.
Definition of banking noun from the Oxford Advanced Learner's Dictionary. banking. noun. /ˈbæŋkɪŋ/ [uncountable] the business activity of banks. She's thinking about a career in banking. the international banking community. Culture banks and banking. Extra Examples. Topics Money b1. Oxford Collocations Dictionary. Definitions on the go.
