: the business of a bank or a banker
Example Sentences
They are both in banking.
He chose banking as a career.
Recent Examples on the Web
Lately, they’ve also been unnerved by historic upheaval in the banking industry, which has resulted in emergency interventions for Credit Suisse, Silicon Valley Bank, Signature Bank and First Republic Bank.
—Michelle Toh, CNN, 30 Mar. 2023
The path ahead for the Federal Reserve and other central banks has become much more difficult because of the banking industry’s struggles.
—Yuri Kageyama, ajc, 30 Mar. 2023
The move was intended to inject calm in the banking system, which was still reeling from the collapse of Silicon Valley Bank and Signature Bank in the United States.
—Julian Mark, Washington Post, 29 Mar. 2023
The move was intended to inject calm in the banking system, which was still reeling from the collapse of Silicon Valley Bank and Signature Bank in the United States.
—Julian Mark, BostonGlobe.com, 29 Mar. 2023
This is in turn part of a broader attempt by the Biden administration to use various regulatory agencies—particularly ones that oversee the banking industry—to snuff out the crypto industry altogether.
—Jeff John Roberts, Fortune Crypto, 28 Mar. 2023
The banking industry that Milton Friedman seemed to hope for will likely become a reality.
—Edwin T. Burton, National Review, 28 Mar. 2023
But fundamentally, the banking system is sound, MARGARET BRENNAN: This process?
—CBS News, 26 Mar. 2023
Deposits started to decline across the banking industry before SVB’s failure.
—Rachel Louise Ensign, WSJ, 24 Mar. 2023
See More
These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘banking.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1660, in the meaning defined above
Time Traveler
The first known use of banking was
in 1660
Dictionary Entries Near banking
Cite this Entry
“Banking.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/banking. Accessed 13 Apr. 2023.
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Merriam-Webster unabridged
bank·ing
(băng′kĭng)
n.
1. The business of a bank.
2. The occupation of a banker.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
banking
(ˈbæŋkɪŋ)
n
(Banking & Finance) the business engaged in by a bank
banking
(ˈbæŋkɪŋ)
n
1. (Physical Geography) an embankment of a river
2. (Civil Engineering) another word for bank27
3. (Fishing) fishing on a sea bank, esp off the coast of Newfoundland
4. (Aeronautics) the manoeuvre causing an aircraft to bank
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
bank•ing
(ˈbæŋ kɪŋ)
n.
the business carried on by or with a bank.
[1725–35]
Random House Kernerman Webster’s College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun | 1. | banking — engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc.
finance — the management of money and credit and banking and investments right of offset — (banking) the legal right of a bank to seize deposited funds to cover a loan that is in default |
2. | banking — transacting business with a bank; depositing or withdrawing funds or requesting a loan etc.
finance — the commercial activity of providing funds and capital home banking — banking in which transactions are conducted by means of electronic communication (via telephone or computer) |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
banking
1 [ˈbæŋkɪŋ] N [of earth] → terraplén m, rampas fpl
banking
2 [ˈbæŋkɪŋ]
A. N (Comm, Fin) → banca f
Collins Spanish Dictionary — Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005
Collins English/French Electronic Resource. © HarperCollins Publishers 2005
banking
:
banking house
n → Bankhaus nt
banking operation, banking transaction
banking
1
n
(on road, racetrack) → Überhöhung f
(Aviat) → Kurvenflug m
banking
2
n → Bankwesen nt; the world of banking → die Bankwelt; he wants to go into banking → er will ins Bankfach or Bankgewerbe gehen attr → Bank-; the banking business → das Bankgeschäft; the banking side of the business → die Bankangelegenheiten der Firma
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
Definitions of banking
-
noun
engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc.
-
noun
transacting business with a bank; depositing or withdrawing funds or requesting a loan etc.
see moresee less-
types:
-
home banking
banking in which transactions are conducted by means of electronic communication (via telephone or computer)
-
type of:
-
finance
the commercial activity of providing funds and capital
-
home banking
DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘banking’.
Views expressed in the examples do not represent the opinion of Vocabulary.com or its editors.
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WordReference Random House Learner’s Dictionary of American English © 2023 bank•ing /ˈbæŋkɪŋ/USA pronunciation
WordReference Random House Unabridged Dictionary of American English © 2023 bank•ing
Collins Concise English Dictionary © HarperCollins Publishers:: banking /ˈbæŋkɪŋ/ n
WordReference Random House Learner’s Dictionary of American English © 2023 bank1 /bæŋk/USA pronunciation
v.
bank2 /bæŋk/USA pronunciation
v.
bank3 /bæŋk/USA pronunciation
WordReference Random House Unabridged Dictionary of American English © 2023 bank1
v.t.
v.i.
v.i.
v.t.
bank3
v.t.
Collins Concise English Dictionary © HarperCollins Publishers:: bank /bæŋk/ n
vb
bank /bæŋk/ n
vb
Etymology: 12th Century: of Scandinavian origin; compare Old Icelandic bakki hill, Old Danish banke, Swedish backe bank /bæŋk/ n
vb
Etymology: 17th Century: from Old French banc bench, of Germanic origin; see bank1 ‘banking‘ also found in these entries (note: many are not synonyms or translations): |
|
Meaning banking
What does banking mean? Here you find 31 meanings of the word banking. You can also add a definition of banking yourself
1 |
0 «business of a banker,» 1735, verbal noun from bank (v).
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2 |
0 bankingSetting aside, or put in reserve. For example, holiday time may be worked instead and the corresponding hours «banked», to be drawn upon at some future time. [D02402]
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3 |
0 bankingThe industry consisting of financial intermediaries that maintain deposits (that is, the industry of banks). Banking is one of several financial industries, with insurance and stock trading two other [..]
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4 |
0 bankingengaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc. transacting business with a bank; depositing or withdrawing funds or re [..]
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5 |
0 bankingDefinition In general terms, the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.
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6 |
0 bankingthe business of a bank or banker
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7 |
0 bankingSee hot idling
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8 |
0 bankingThe industry involved with conducting financial transactions. Also, conducting business with a bank, e.g., maintaining a checking or savings account or obtaining a loan.
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9 |
0 bankingBanking is the practice of accepting deposits for safekeeping, making payments as requested by depositors and, in many cases, loaning deposited funds for profit. Â
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10 |
0 bankingThe stupidity of banks when it comes to security is beyond belief. Part of the problem is they are extremely conservative and still do banking as if the computer had not yet been invented. Here are a [..]
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11 |
0 banking(n) engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc.(n) transacting business with a bank; depositing or withdrawing fu [..]
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12 |
0 bankingAustralia’s banking system is regulated by the Federal Government. You will probably need to set up an Australian Bank Account when you arrive in Australia. There are specific identification require [..]
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13 |
0 bankingThe sloping of a racetrack, particularly at a curve or corner, from the apron to the outside wall. Degree of banking refers to the height of a track’s slope at its outside edge.
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14 |
0 bankingThe slope of the turns, which can help cars enter and exit the corners. A flat track would have 0 degrees of banking. A track with 15 degrees would have significant banking. The higher the degree of banking, the faster the cars will be able to travel.
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15 |
0 bankingA system for recording qualified air emission reductions for later use in bubble, offset, or netting transactions. (See: emissions trading.)
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16 |
0 bankingA system for recording qualified air emission reductions for later use in bubble, offset, or netting transactions. (See: emissions trading.)
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17 |
0 bankingA term for fishing the Grand Banks of Newfoundland. A vessel doing so was called a banker.
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18 |
0 bankingA provision in air district
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19 |
0 bankingBanking means accepting deposits of money, for the purpose of lending or investment, from public repayable on demand or otherwise, and withdrawable by checque, order or otherwise.
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20 |
0 bankingA procedure by which excess gas that one shipper cannot use is lent to another shipper to be returned at a later date.
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21 |
0 bankingAccepting for the purpose of lending or investment of deposits of money from Public, Repayable on demand or otherwise and withdraw able by cheques, drafts, order, etc.
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22 |
0 bankingThe activity undertaken by commercial and development banks that make up the banking system and constitute financial intermediation institutions. In other words, they take deposits which they pay inte [..]
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23 |
0 bankingThrowing the bocce ball such that it hits and bounces off the sideboards towards the pallino.
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24 |
0 bankingDepositing a period of timeshare usage into an exchange company’s “bank”. If you do not use a week in a particular year, you are generally allowed to “bank it” and use it at a later time. See Accrued Weeks, Block Banking and Space Banking.
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25 |
0 bankingThe segment within Wincor Nixdorf dealing with the development, manufacture and sale of hardware, software and services for customers in the banking industry.
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26 |
0 bankingThe industry consisting of financial intermediaries that maintain deposits (that is, the industry of banks). Banking is one of several financial industries, with insurance and stock trading two other [..]
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27 |
0 bankingSee "wetland banking".
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28 |
0 bankingIn the broadest sense of the term, “banking” is the business of accepting temporary responsibility for safeguarding other people’s money (“deposits”) and then lending out these funds (alo [..]
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29 |
0 bankingA 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 indi [..]
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30 |
0 bankingA 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 indi [..]
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31 |
0 bankingThe Banking (Special Provisions) Act 2008 (c 2) is an Act of the Parliament of the United Kingdom that entered into force on the 21 February 2008 in order to enable the UK government to nationalise hi [..]
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My grandmother got her law degree from Syracuse University in roughly 1911 and later co-founded with her husband an investment banking firm on Wall Street known as Lebenthal & Co.
H. G. Bissinger
PRONUNCIATION OF BANKING
GRAMMATICAL CATEGORY OF BANKING
Banking is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.
WHAT DOES BANKING MEAN IN ENGLISH?
Bank
A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses. Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalised a system known as fractional reserve banking. They are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords. Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had its 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 Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.
Definition of banking in the English dictionary
The definition of banking in the dictionary is the business engaged in by a bank.
WORDS THAT RHYME WITH BANKING
Synonyms and antonyms of banking in the English dictionary of synonyms
SYNONYMS OF «BANKING»
The following words have a similar or identical meaning as «banking» and belong to the same grammatical category.
Translation of «banking» into 25 languages
TRANSLATION OF BANKING
Find out the translation of banking to 25 languages with our English multilingual translator.
The translations of banking from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «banking» in English.
Translator English — Chinese
银行业务
1,325 millions of speakers
Translator English — Spanish
banca
570 millions of speakers
English
banking
510 millions of speakers
Translator English — Hindi
बैंकिंग
380 millions of speakers
Translator English — Arabic
المصرفية
280 millions of speakers
Translator English — Russian
банковская
278 millions of speakers
Translator English — Portuguese
transações bancárias
270 millions of speakers
Translator English — Bengali
ব্যাংকিং
260 millions of speakers
Translator English — French
opérations bancaires
220 millions of speakers
Translator English — Malay
Perbankan
190 millions of speakers
Translator English — German
Bankwesen
180 millions of speakers
Translator English — Japanese
銀行業務
130 millions of speakers
Translator English — Korean
은행 업무
85 millions of speakers
Translator English — Javanese
Banking
85 millions of speakers
Translator English — Vietnamese
ngân hàng
80 millions of speakers
Translator English — Tamil
வங்கி
75 millions of speakers
Translator English — Marathi
बँकिंग
75 millions of speakers
Translator English — Turkish
bankacılık
70 millions of speakers
Translator English — Italian
attività bancaria
65 millions of speakers
Translator English — Polish
bankowy
50 millions of speakers
Translator English — Ukrainian
банківська
40 millions of speakers
Translator English — Romanian
bancar
30 millions of speakers
Translator English — Greek
banking
15 millions of speakers
Translator English — Afrikaans
bank
14 millions of speakers
Translator English — Swedish
bank
10 millions of speakers
Translator English — Norwegian
bank
5 millions of speakers
Trends of use of banking
TENDENCIES OF USE OF THE TERM «BANKING»
The term «banking» is very widely used and occupies the 4.950 position in our list of most widely used terms in the English dictionary.
FREQUENCY
Very widely used
The map shown above gives the frequency of use of the term «banking» in the different countries.
Principal search tendencies and common uses of banking
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «banking».
FREQUENCY OF USE OF THE TERM «BANKING» OVER TIME
The graph expresses the annual evolution of the frequency of use of the word «banking» during the past 500 years. Its implementation is based on analysing how often the term «banking» appears in digitalised printed sources in English between the year 1500 and the present day.
Examples of use in the English literature, quotes and news about banking
10 QUOTES WITH «BANKING»
Famous quotes and sentences with the word banking.
The attitude of the people proves that not only do we want to, but that we can succeed in pulling our country out of the difficult position it finds itself in. The banking system of our country will survive and grow.
We’ve got activists all across the country like the members of the Million Mom March organization, some of their leaders are here tonight. We’re phone banking congressional offices and pursuing editorial boards.
My grandmother got her law degree from Syracuse University in roughly 1911 and later co-founded with her husband an investment banking firm on Wall Street known as Lebenthal & Co.
Anything that benefits the public and not just big banking, that’s what I’m with.
The viral power of online media has proven how fast creative ideas can be spread and adopted, using tools like cellphones, digital cameras, micro-credit, mobile banking, Facebook, and Twitter. A perfect example? The way the Green Movement in Iran caught fire thanks to social media.
It’s Obama’s bad luck that he got elected just as the mayhem of the foreclosures, the banking collapse, and the General Motors disaster was accelerating the surge in unemployment to warp speed.
At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans that at times they cannot redeem without public aid.
I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.
Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences.
There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other major economy; a dangerously inflated property bubble; and a bloated banking sector behaving as masters, not the servants of the people.
10 ENGLISH BOOKS RELATING TO «BANKING»
Discover the use of banking in the following bibliographical selection. Books relating to banking and brief extracts from same to provide context of its use in English literature.
1
Global Private Banking and Wealth Management: The New Realities
This book is welcome for providing a remarkably thorough, detailed and accurate overview of the industry and the issues it presently faces.
Introduces banks and banking, discussing their history, bank accounts, electronic banking, loans, working in a bank, and how to open a bank account.
Global Banking, Third Edition wades into the chaos and confusion of today’s global banking and capital market environment and strips out the central parts, so each can be examined separately.
Roy C. Smith, Ingo Walter, Gayle DeLong, 2012
This book covers the major areas of potential conflict, from disputes with domestic customers to those arising from global custodianship and international banking. It helps minimise risk, by explaining the correct procedures to follow.
David Warne, Nicholas Elliott, 2005
Provides people in small and medium-sized businesses with practical information and advice on how banks operate and how to do business with them
6
Banking Secrecy and Offshore Financial Centres: Money …
This book brings together the issues surrounding banking secrecy and confiscation of criminal proceeds in offshore financial centres.
Modern Banking focuses on the theory and practice of banking, and its prospects in the new millennium. The book is written for courses in banking and finance at Masters/MBA level, or undergraduate degrees specialising in this area.
8
Modern Banking Technology
The book covers the rich experience of the author in the field of banking and finance. The book will be found useful by banks, researchers, Executives / Directors, IT professionals, pursuers of courses on IT by IIBF, viz.
Dr. Firdos T. Shroff, 2007
9
Banking and Finance on the Internet
Edited by Internet expert Mary J. Cronin, Ph.D., with contributions from online innovators at leading firms worldwide, the book examines the impact of Web-based commerce on key issues and challenges for financial services, such as: «Virtual …
«Laissez-Faire Banking» is divided into three inter-related sections, dealing with the theory of free banking, historical experiences of it and present-day monetary and banking reforms based on free banking principles.
10 NEWS ITEMS WHICH INCLUDE THE TERM «BANKING»
Find out what the national and international press are talking about and how the term banking is used in the context of the following news items.
ECB tightens noose on banking system as creditor powers punish …
The European Central Bank has tightened liquidity conditions for the Greek banking system following the landslide victory for the Leftist … «Telegraph.co.uk, Jul 15»
Budget 2015: Banks tell Osborne to rethink the banking levy or risk …
Bankers were shocked by a clause in the last budget to raise the banking levy by 50 per cent and change it from a temporary to a permanent … «The Independent, Jul 15»
Greek crisis: Five banking issues causing headaches in Greece — BBC
… machines per day. Ros Atkins explains the banking restrictions and the impact are they having on everyday life in Greece. More information … «BBC News, Jul 15»
Greek referendum: we are back to wild markets of the 2008 banking …
We’re back to the wild markets seen at the height of the banking crisis in 2008. Many fund managers, even last week, were expecting a strong … «The Guardian, Jul 15»
Banco Santander Hires Peter Voelker-Albert for New Corporate …
Banco Santander Hires Peter Voelker-Albert for New Corporate-Banking Position. Investment banker from BNP Paribas was named head of … «Wall Street Journal, Jul 15»
Manulife Bank to install 830 automated banking machines across …
Manulife Bank to install 830 automated banking machines across … as it attempts to take a bigger share of the nation’s retail banking market. «Reuters, Jul 15»
5 Dumb Mobile Banking Mistakes | Bankrate.com
These days, banking is (literally) at your fingertips. If you want to deposit a check or see what’s left in your account, all you need is a smartphone … «Bankrate.com, Jul 15»
Cognizant biggest gainer in banking and finance deals — Times of India
BENGALURU: Cognizant’s incremental revenues in the banking, financial services, and insurance (BFSI) vertical was the highest among IT … «Times of India, Jul 15»
Warning to Banking Industry: Innovate or Die — The Financial Brand
The banking industry is increasingly competitive, with product development, delivery and consumer engagement all being driven by the need … «The Financial Brand, Jul 15»
Australia a hotbed for digital banking tests: Citi
«People who are getting into banking and bringing new services [such as payments and peer-to-peer lending] … they’re doing amazing jobs. «Sydney Morning Herald, Jul 15»
REFERENCE
« EDUCALINGO. Banking [online]. Available <https://educalingo.com/en/dic-en/banking>. Apr 2023 ».
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Discover all that is hidden in the words on
-
Defenition of the word banking
- Transactional business between any bank and that bank’s clients or customers.
- transacting business with a bank
- engaging in the business of banking
- transacting business with a bank; depositing or withdrawing funds or requesting a loan etc.
- engaging in the business of banking; maintaining savings and checking accounts and issuing loans and credit etc.
- engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc.
Hyponyms for the word banking
-
- home banking
Hypernyms for the word banking
-
- finance
See other words
-
- What is get higher
- The definition of come out of
- The interpretation of the word placeholder
- What is meant by come into view
- The lexical meaning putty
- The dictionary meaning of the word ascend
- The grammatical meaning of the word places
- Meaning of the word placentas
- Literal and figurative meaning of the word bankbook
- The origin of the word recreation
- Synonym for the word relaxation
- Antonyms for the word remainder
- Homonyms for the word time-out
- Hyponyms for the word restate
- Holonyms for the word remnants
- Hypernyms for the word restated
- Proverbs and sayings for the word restatement
- Translation of the word in other languages restates
noun
COLLOCATIONS FROM OTHER ENTRIES
electronic banking
Internet banking
Internet shopping/banking
▪ The new regulations will increase customer confidence in Internet shopping.
▪ Internet banking saves customers a lot of time.
online banking
telephone banking
the economic/banking system
▪ There are fears that the whole banking system could collapse.
the financial/banking sector (=the part of the economy to do with money and finance)
▪ The UK financial sector is looking healthier than ever.
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
central
▪ The decree reaffirmed central banking control pending the conclusion of a new union treaty.
▪ It is a time for Germanically cautious central banking.
commercial
▪ Standard is selling most of its continental commercial banking operations to WestLB for £100m.
▪ The commercial banking and finance sector was booming as of September 1991.
domestic
▪ It thus provides lower cost loans by operating with narrower interest rate margins than those of domestic banking operations.
▪ In 1989 Midland increased its domestic banking division’s bad-debt charges by 53%, from £51m in 1988 to £78m.
▪ Such transactions are recorded in a separate set of books from purely domestic banking business.
▪ We provide a complete range of domestic and international banking services.
free
▪ He also pledged that Midland did not intend to end free banking for personal customers in credit by introducing new charges.
▪ But now Girobank are offering free banking to clubs and voluntary organisations as long as the account stays in credit.
▪ That way, you can continue to enjoy FREE banking.
▪ Customers still get landed with unexpected bills for bank charges, despite the arrival of the age of free banking.
▪ In 1985 free in-credit banking was reintroduced, but to off-set these costs the programme for electronic banking was speeded up.
▪ You need £100 in your account to qualify for free banking.
international
▪ The main reasons for the development of international banking have been dealt with in this chapter.
▪ The main Pearson interests remained in international banking, property and business.
▪ Explain the growth of international banking in recent years. 3.
▪ Why is London the main international banking centre? 6.
▪ The search was led by Malcolm Wilcox, the general manager of international banking.
▪ The international banking system began to crack.
▪ The world of international banking is now full of aggressive, bright, but hopelessly inexperienced lenders in their mid-twenties.
new
▪ A sound banking system matched to new banking needs.
▪ Grow together with Saitama Bank — sound, experienced and flexible in matching its services to new banking needs.
retail
▪ If this trend continues, building societies are poised to provide a greater competitive challenge to the retail banking sector. 2.
■ NOUN
business
▪ The focus of interest here is the extent to which the building societies are likely to make inroads into traditional banking business.
▪ This is the largest of the wholesale markets, and its existence has revolutionized banking business.
▪ Banks carrying on offshore banking business in Labuan are not subject to exchange controls.
▪ Such transactions are recorded in a separate set of books from purely domestic banking business.
▪ He was educated at the University of Leiden between 1747 and 1749, and then entered the family’s banking business.
facility
▪ They specialize in providing branch banking facilities to individuals.
▪ Retail banking facilities were provided to meet the needs of settlers.
▪ Such overseas business represented not so much diversification as a natural development of banking facilities to meet customer needs.
group
▪ We are privileged to be part of one of the largest worldwide banking groups.
▪ Standard Chartered, the banking group, rose 4p to 535p.
▪ In countries where banking is small-scale and fragmented there are initiatives to promote larger banking groups.
investment
▪ Many of the new moves are into more sophisticated areas such as investment banking and specialised services.
▪ The decision to avoid this sector was consciously taken, but now Boyden is moving into recruiting in investment banking.
merchant
▪ The company recently appointed Charterhouse as merchant banking advisers which will help it identify the options.
▪ A strong merchant banking contribution was more than offset by losses on investment management and stockbroking and some heavy loan provisions.
▪ The group’s merchant banking adviser, Kleinwort Benson, is searching for suitable partners.
▪ Maybe merchant banking is the ultimate microcosm for life after all.
▪ Most of the fall came as a result of the release of provisions in the merchant banking and securities division.
operation
▪ It thus provides lower cost loans by operating with narrower interest rate margins than those of domestic banking operations.
▪ Standard is selling most of its continental commercial banking operations to WestLB for £100m.
▪ A shareholders’ meeting is now understood to be being planned to discuss the future of the banking operation.
▪ The jump follows a big increase in bad debts reported last week by the private banking operations of Lloyds Bank.
sector
▪ There are two important distinctions to be made in the type of business done in the banking sector.
▪ Sydney: Continued activity in the banking sector helped the All Ordinaries index to close 7.4 points higher at 1,743.4.
▪ It is responsible for ensuring the smooth working of the banking sector and other financial institutions.
▪ If this trend continues, building societies are poised to provide a greater competitive challenge to the retail banking sector. 2.
▪ It is clear that for the banking sector as a whole, foreign currency business predominates.
▪ The figures also show the fact that the growth of foreign currency business has been primarily located in the wholesale banking sector.
▪ The initial increase in liquidity from the sale of government securities to the banking sector is given by item 1.
▪ It will be seen that the bulk of the funding for the discount market comes from banking sector institutions.
service
▪ Payment for shipping services, income from tourism, banking services and interest payments from international loans are other examples of invisibles.
▪ We provide a complete range of domestic and international banking services.
▪ Finding a Unique Selling Point for banking services is no easy matter these days.
▪ I should be sorry to have to advise the Parish Council to look elsewhere for banking services.
system
▪ The more complex the banking system, the more difficult it is to do this.
▪ Two-tier banking system introduced: a federal reserve comprising republican central banks, and commercial banks formed from sectoral state banks.
▪ This process involved the establishment of international laws and regulations covering prices, currency dealings and banking systems.
▪ Bundesbank reform On June 17 the Bundestag gave final approval to controversial legislation reforming the structure of the federal banking system.
▪ The international banking system began to crack.
▪ The normal process of money creation is taking place within the banking system.
▪ The government might then borrow these funds from the banking system.
▪ Hopefully, the reader should now understand the banking principle that every loan creates a deposit in the banking system.
■ VERB
provide
▪ They specialize in providing branch banking facilities to individuals.
▪ Their business now is to provide banking and financial services to the corporate as opposed to personal sectors.
PHRASES FROM OTHER ENTRIES
banking/drug/health etc czar
▪ Barry R.. McCaffrey, White House drug czar.
▪ Our drug czar watches in impotence as shooting wars between drug gangs erupt in city after city.
▪ Similarly, when Dole asserts that Clinton reduced the office of drug czar by 83 percent, he is on solid ground.
▪ Standouts include Douglas’s anti-drugs czar whose daughter is a crackhead.
▪ When drug traffic escalates, they appoint a national drug czar.
EXAMPLES FROM CORPUS
▪ Although that crisis seemed serious then, compared with the present threat to the world banking system, it was small beer.
▪ By appealing directly to his fellow-citizens and banking on a generous response, the President may just have gambled correctly.
▪ Customers still get landed with unexpected bills for bank charges, despite the arrival of the age of free banking.
▪ Hardly what you might call an international banking centre.
▪ It is a time for Germanically cautious central banking.
▪ Maybe merchant banking is the ultimate microcosm for life after all.
▪ Retail banking facilities were provided to meet the needs of settlers.
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- British
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[ bang-king ]
/ ˈbæŋ kɪŋ /
This shows grade level based on the word’s complexity.
noun
the business carried on by a bank or a banker.
banking as a profession.
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Origin of banking
First recorded in 1725–35; bank2 + -ing1
Words nearby banking
bank examiner, Bank Giro, Bankhead, bank holiday, bank indicator, banking, banking account, banking pin, banking principle, bankit, bank loan
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Words related to banking
How to use banking in a sentence
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Guy Fieri partners with Robert Earl, king of themed restaurants, on Flavortown ghost restaurants throughout the countryGuy Fieri is the latest chef banking on ghost kitchens to expand his brand in the middle of the pandemic.
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Djamo is one of such companies taking advantage of this opportunity to bring affordable and seamless banking to the region.
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Mort acknowledges that much of the innovation in fintech has historically focused on the banking industry while the insurance industry has been slower to innovate.
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When asked about his own experiences, Blair notes the degrees did not prepare him for his early career in banking.
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The last-minute rule has been met by broad condemnation, with consumer groups, Democrats and the banking industry in rare alignment in opposition.
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Banking malware and certain “crimeware” kits have been using this model for years.
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You want less concentration in banking—at least the type that will screw the little guy and imperil the economy?
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A Colorado-based full- service residential mortgage banking company.
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He was shouting up at the darkened windows of banking executives who could not hear a word he was saying.
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Washington now found himself unable to even see the lands he was banking on to leave a lasting fortune.
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The reformers of the earlier period were not indifferent to the need for centralized organization in the banking system.
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The result of the restoration of trade, banking, and credit to earlier and more normal conditions has been steadily apparent.
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The wind is howling, and the rain is pelting against the parlour windows of the Banking-house, whose blinds are drawn close down.
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No sooner was the meeting at an end, than he left the Banking-house, and turned his steps towards home.
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The percentage of reserves to deposits, which marks the safety line for England, refers to the items in the banking department.
British Dictionary definitions for banking (1 of 2)
noun
the business engaged in by a bank
British Dictionary definitions for banking (2 of 2)
noun
an embankment of a river
fishing on a sea bank, esp off the coast of Newfoundland
the manoeuvre causing an aircraft to bank
Collins English Dictionary — Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Princeton’s WordNetRate this definition:0.0 / 0 votes
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bankingnoun
engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc.
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bankingnoun
transacting business with a bank; depositing or withdrawing funds or requesting a loan etc.
WiktionaryRate this definition:5.0 / 1 vote
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bankingnoun
The business of managing a bank
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bankingnoun
The occupation of managing or working in a bank
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bankingnoun
A horizontal turn.
WikipediaRate this definition:0.0 / 0 votes
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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).
Webster DictionaryRate this definition:3.0 / 1 vote
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Banking
of Bank
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Bankingnoun
the business of a bank or of a banker
Dictionary of Nautical TermsRate this definition:0.0 / 0 votes
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banking
A general term applied to fishing on the great bank of
Newfoundland.
Editors ContributionRate this definition:0.0 / 0 votes
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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
British National Corpus
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Spoken Corpus Frequency
Rank popularity for the word ‘banking’ in Spoken Corpus Frequency: #4325
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Nouns Frequency
Rank popularity for the word ‘banking’ in Nouns Frequency: #1782
How to pronounce banking?
How to say banking in sign language?
Numerology
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Chaldean Numerology
The numerical value of banking in Chaldean Numerology is: 1
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Pythagorean Numerology
The numerical value of banking in Pythagorean Numerology is: 4
Examples of banking in a Sentence
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George Chouliarakis:
The basic goal is continuity so that precious time is not wasted. There has to be progress on the issue of reinforcing the Greek banking system as quickly as possible.
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Julie Metcalf Kinney:
The tactics we are facing, of sneaky and illegal foreclosure tactics, predatory banking and loans, elected judges who take campaign contributions from the real estate industry, coupled with violence from law enforcement and no real due process, have been used across this historically Black neighborhood to displace Black and poor people, if Black and Indigenous lives matter in Portland, this must stop.
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Soul Htite:
I doubt that people born today are ever going to have a bank account the same way you and I have a bank account, i think we’re going to see the banking world completely transform.
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Rudo Kwaramba:
World Vision strengthened … electronic banking controls, and approval mechanisms. We also established new internal audit procedures to improve the detection of fraud, theft, and collusion.
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Maia Santos Deguito:
I am but a pawn in a high-stakes chess game played by giants in international banking and high finance, if this committee is looking for the ‘grandmaster,’ it is not me.
Popularity rank by frequency of use
Translation
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