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BANK meaning: 1. an organization where people and businesses can invest or borrow money, change it to foreign…. Learn more.
I need to get some money out of the bank. I'll put half the money in the bank and spend the rest. Investors lost millions when the bank crashed. Many of these banks issue both credit and debit cards. She has her money in one of the largest savings banks. The bank charged him a monthly $5 fee. The bank lent her money to buy a car.
Bank definition goes to a financial institution authorized to accept deposits and provide credits. These institutions may also give economic assistance such as: capital management. foreign exchange. Safe deposit boxes are commonly known as locker services.
Bank definition: a long pile or heap; mass. See examples of BANK used in a sentence.
29 meanings: 1. an institution offering certain financial services, such as the safekeeping of money, conversion of domestic.... Click for more definitions.
Mar 27, 2024 · Simply put, a bank is a business: It uses the money customers put into checking and savings accounts to make loans for individuals and businesses. Banks generally profit off the interest from the ...
Aug 31, 2023 · A bank, by definition, is an institution whose primary function is to store deposited money while also providing lending services to customers. Banks play a critical role in the economy because ...
