bank examination
- noun
- /bæŋk ɪɡˌzæməˈneɪʃən/
- Formal
- The government conducts a regular bank examination to ensure that all financial records are accurate.
Examples
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The bank examination revealed several discrepancies.
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During the bank examination, the examiners reviewed all loan documentation and investment portfolios.
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Every bank examination must be conducted thoroughly to assess compliance with financial regulations.
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The annual bank examination revealed several weaknesses in the bank's internal controls.
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After the bank examination, they had to make significant changes.
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After the recent scandal, the bank faced an intensive bank examination by regulators to check for compliance.
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The bank examination revealed discrepancies in the institution's financial practices, prompting further investigation.
Synonyms
An official check of a company's financial records to make sure they are correct and follow the law
How Thorough
Surface Forms
Morphology
The meaning is directly and transparently derived from combining 'bank' (a financial institution) with 'examination' (a detailed inspection), so a learner who knows both words can infer it refers to an inspection of a bank's accounts/operations. This noun+noun compositional pattern is common in English and in many other languages, making it accessible to B1 learners without special prior exposure.
Etymology
Bank examination comes from the simple idea of giving a bank a careful examination, like a doctor checking a patient or a teacher checking work. So it means 'an official inspection' of a bank's accounts and operations.