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banking company

banking company

1 2.8
A company that accepts people's money as deposits and lends it to others
  • noun
  • /ˈbæŋkɪŋ ˈkʌmpəni/
translation icon : entidad bancaria
  • To the extent that financial supervisors around the world require large global banking companies to hold highly liquid assets denominated in U.S. dollars in order to meet various contingencies, there must be an ultimate source of dollars in a macro liquidity crisis.
  • the largest banking company
  • a big banking company
  • the top banking companies

Chime, a digital banking company, expecting a new round of layoffs.

Examples

  • Chime, a digital banking company, expecting a new round of layoffs.

  • It is also significant to observe that the amount of interest-bearing deposits at the central bank held by foreign banking companies has fallen significantly subsequent to the doubling of the yield.

    Academic text (2017)
  • One after another, these banking companies and Wall Street companies keep paying these apparently huge fines, but no one goes to jail.

    Blog text (1)
  • Each keiretsu was led by a major banking company, with each bank lending to a certain number of preferred customers.

    Academic text (2004)
  • Consequently, they sell excess cash overnight to domestic and foreign commercial banking companies who are allowed to earn IOR.

    Academic text (2017)
  • Following the close of the merger in the first quarter of next year, Jefferies will still operate as a full-service global investment banking company in its current form.

    Blog text (33)
  • It is well known that Edward III paid huge amounts of money to two Italian banking companies, the Bardi and the Peruzzi, from 1337.

    Academic text (2010)
  • The new banking company is offering high interest rates on savings accounts.

  • After years of growth, the banking company expanded its operations internationally.

  • Many people trust this banking company with their savings because of its strong reputation.

Synonyms

bank
vsbanking company
1.0

A place where people keep and borrow money

centers on channeling deposits into lending or investment rather than physical location
financial institution
vsbanking company
68 3.6

An organization that keeps people's money, gives loans, and offers other money services

is narrower, stressing deposit-taking and channeling into loans and investments
commercial bank
vsbanking company
  • Specialized
12 3.0

A business that takes money from people and businesses, lends it, and helps with payments

focuses more on the deposit to lending and investment function than customer services
national bank
vsbanking company
  • Specialized
4 3.1

A bank that the government allows to operate across the whole country

is the general deposit and lending firm without specifying federal charter
depository financial institution
vsbanking company
  • Specialized
6.7

An organization that accepts people's money in accounts and lends or invests it

is the corporate form of that same deposit and lending activity
full service bank
vsbanking company
3.5

A bank that offers many services like deposits, loans, and accounts

highlights the deposit to lending role rather than offering many extra services

How Big

national bank
  • Specialized
4 3.1
banking company
1 2.8
credit union
19 3.6
community chest
  • US
1 3.2

Surface Forms

Morphology

banking + company

The meaning is directly compositional: 'banking' (financial business) modifies 'company' (an organization), so the phrase denotes an organization engaged in banking. This modifier + noun pattern is common and cross-linguistically transparent, so a B1 learner who knows both words will readily infer the meaning.

Etymology

Banking company comes from the simple idea of a company that does banking: it keeps people's money safe and lends it to others. So, it means 'a firm that keeps people's money and lends it to others'.