Bank (redirected from Banking and credit)

bank

Institution that deals in money and its substitutes and provides other financial services. Banks accept deposits and make loans and derive a profit from the difference in the interest paid to lenders (depositors) and charged to borrowers, respectively. They also profit from fees charged for services. The three major classes of banks are commercial banks, investment banks, and central banks. Banking depends entirely on public confidence in the system's soundness; no bank could pay all its depositors should they simultaneously demand cash, as may happen in a panic. See also credit union; Federal Reserve System; savings and loan association; savings bank.

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bank

An arrangement of identical hardware components.

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bank¹

1. the funds held by a gaming house or a banker or dealer in some gambling games

2. in various games

a. the stock, as of money, pieces, tokens, etc., on which players may draw

b. the player holding this stock

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bank²

1. a slope, as of a hill

2. the sloping side of any hollow in the ground, esp when bordering a river

3. 

a. an elevated section, rising to near the surface, of the bed of a sea, lake, or river

b. (in combination): sandbank

4. the lateral inclination of an aircraft about its longitudinal axis during a turn

5. a bend on a road or on a railway, athletics, cycling, or other track having the outside built higher than the inside in order to reduce the effects of centrifugal force on vehicles, runners, etc., rounding it at speed and in some cases to facilitate drainage

6. the cushion of a billiard table

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bank

a. a tier of oars in a galley

b. a bench for the rowers in a galley

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bank [baŋk]

(aerospace engineering)

The lateral inward inclination of an airplane when it rounds a curve.

(civil engineering)

embankment

(electricity)

A number of similar electrical devices, such as resistors, connected together for use as a single device.

An assemblage of fixed contacts over which one or more wipers or brushes move in order to establish electrical connections in automatic switching.

(engineering)

A pipework installation in which the pipes are set parallel to each other in proximity.

(geology)

The edge of a waterway.

The rising ground bordering a body of water.

A steep slope or face, generally consisting of unconsolidated material.

(industrial engineering)

The amount of material allowed to accumulate at a point on a production line where it is not employed or worked upon, to permit reasonable fluctuations in line speed before and after the point. Also known as float.

(mining engineering)

The top of the shaft.

The surface around the mouth of a shaft.

The whole, or sometimes only one side or one end, of a working place underground.

To manipulate materials such as coal, gravel, or sand on a bank.

A terracelike bench in open-pit mining.

(oceanography)

A relatively flat-topped raised portion of the sea floor occurring at shallow depth and characteristically on the continental shelf or near an island.

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bank

1. A mass of soil rising above a digging level.

2. An establishment which receives, lends, and exchanges money and carries out other financial transactions.

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Bank 

(1) Parts of the sea floor over which the depth of the water is not as great as in the surrounding parts. In seas resulting from transgression, banks are elements of the residual land relief; in oceans, they are volcanic or coralloid in origin. Banks of sandy deposits may change their contours and location under the influence of the currents. Heating of the shallow layers of water by the sun creates in several banks exceptionally favorable conditions for the development of organic life; many banks are regions of intensive fishing. The waters of the Great Newfoundland Bank (near Newfoundland) in the Atlantic Ocean, Dogger Bank in the North Sea, Medvezhinskaia Bank in the Barents Sea, and many other banks abound in fish. Banks with shallow waters are dangerous for ships.

(2) Seat for rowers and passengers on launches.

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Bank 

urban-type settlement in Sal’iany Raion, Azerbaijan SSR; on the Kura River (not far from its mouth), 15 km north of the Neftechala railroad station. Population, 11,200 (1968). The settlement has a fish-processing combine, sturgeon-processing plant, and other industries.