bank closing

1 5.0

A bank that shuts down because it cannot pay its debts

noun
/bæŋk ˈkloʊzɪŋ/

: cierre de banco

Many employees lost their jobs due to the bank closing.

Examples

Many local businesses are worried about the impact of bank closings on the economy.
The sudden bank closing left many customers unable to access their savings.
Government officials investigated the reasons behind the bank closing last Friday.
The city was shocked by the unexpected bank closing, which affected hundreds of local residents.
The bank closing shocked the entire community.
The recent bank closing left hundreds of customers without access to their savings.
After the bank closing, the community held a meeting to discuss potential solutions for affected residents.

Synonyms

closure

vsbank closing

46 4.7

The permanent end of a business, school, or service

is about shutting financial institutions usually because they are insolvent

bank failure

vsbank closing

Specialized

6 5.0

A bank that cannot pay its debts and closes

is the shutting of a financial firm usually caused by insolvency or heavy losses

shuttering

vsbank closing

1 5.6

Closing a business or service so it stops operating

is specific to financial firms and often due to inability to pay debts

Surface Forms

bank closing singular

bank closings plural

Morphology

bank + closing

The meaning 'the shutting down of a bank' is directly and compositionally derived from 'bank' (financial institution) + 'closing' (the act of bringing something to an end). This noun + gerund/participle construction is a straightforward, cross-linguistically common pattern, so a B1 learner who knows both words would readily infer the MWE meaning.

Etymology

Bank closing comes from the image of a bank locking its doors and hanging a sign that says 'closed' while staff leave because the business must stop. So, bank closing now means a bank 'shutting down', often because of money problems.