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banking

banking

534 2.8
The business of managing money and accounts at a bank
  • noun
  • /ˈbæŋkɪŋ/
translation icon : banca
  • In addition, Beirut receives 83 percent of Lebanon's total banking credit compared to Tripoli's 2 percent.
  • banking system
  • investment banking
  • banking industry

But is it possible that the banking crisis ends?

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Examples

  • The U.S. economy is unlikely to recover fully until the banking system is restructured.

    Academic text (2011)
  • He's here for a week-long conference titled "Banking in the 21st Century."

  • We had a major banking crisis last year.

  • This video was about actual banks in a real banking crisis.

  • What about a joint banking account?

  • Location would matter, and this is what banking union aims to reverse.

  • I received my masters in psychology, and I coordinate the firm's dealings in investment banking.

  • Admittedly, there is reason to doubt that runs on the banking system cause macroeconomic contractions.

    Academic text (1991)
  • The banking industry plays a crucial role in the economy by providing services like saving and lending.

  • Many people prefer online banking for its convenience and accessibility.

Synonyms

banking industry
vsbanking
16 3.2

Companies that take people's money, lend it, and offer services to help with money

focuses on the individual activity of managing money and financial services

Compounds

All the banks in a country that work together to manage money and payments

Companies that take people's money, lend it, and offer services to help with money

A company that accepts people's money as deposits and lends it to others

shadow banking system
  • Specialized
1 7.7

Financial companies that lend, borrow, or manage money without normal bank rules

home banking
  • Texting
1 3.2

To do bank tasks at home using a phone or computer

A casino game where players bet against the house or dealer

How Big

national bank
  • Specialized
4 3.1
banking
534 2.8
local agency
6 3.0

Surface Forms

banking singular
bankings plural

Morphology

banking = bank (transparent) = bank + ing

The noun is transparently formed from the verb 'bank' with the productive suffix '-ing', referring to the activity or business of banking.

Etymology

Banking comes from the Italian word banco, which means 'bench', because people who lent money used to sit at benches in the market to do their work. So the 'bench' became the place for money business, and banking now means the business of managing money and financial services.