2024年1月31日 · What Is a Bank? Banks are licensed financial institutions that offer services like accepting deposits or issuing loans. They may also provide other financial services, such as investments and foreign exchange.

BANK meaning: 1 : a business where people keep their money, borrow money, etc., or the building where such a business operates often used before another noun; 2 : a small closed container in which money is saved

BANK definition: an institution offering certain financial services, such as the safekeeping of money,... | Meaning, pronunciation, translations and examples in American English

Definition of bank noun from the Oxford Advanced Learner's Dictionary. an organization that provides various financial services, for example keeping or lending money. I don't have much money in the bank at the end of the month. I need to go to the bank (= the local office of a bank). We are now in competition with the big global banks.

BANK meaning: 1. an organization or place where you can borrow money, save money, etc: 2. the land along the…. Learn more.

2024年8月19日 · By definition, a bank is an institution that accepts deposits in checking and savings accounts and makes loans. In serving both functions, banks act as intermediaries between depositors (who essentially lend money to the …

Banks are intermediaries between depositors (who lend money to the bank) and borrowers (to whom the bank lends money). The amount banks pay for deposits and the income they receive on their loans are both called interest. Depositors can be individuals and households, financial and nonfinancial firms, or national and local governments.

2022年9月24日 · At its core, a bank is a financial institution licensed to receive deposits, offer checking and savings accounts, provide various loans, and offer other financial services such as wealth management, currency exchange, and safe deposit boxes.

bank meaning, definition, what is bank: a business that keeps and lends money an...: Learn more.

2023年5月7日 · A bank is a financial institution that provides a place to hold your money. Banks are an important part of a country’s financial system. Most provide checking and savings accounts, as well as other financial products and services such as …