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bank |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Idioms, Wikipedia, Hutchinson | 0.02 sec. |
bankInstitution 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. An arrangement of identical hardware components. |
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The hunter's wife, who had stood on the bank full of joy and hope, sank into despair when she saw her husband snatched away again before her eyes. During the summer and fall Jurgis and Ona managed to pay her back the last penny they owed her, and so she began to have a bank account. The two lackeys conducted Milady to the bank of the river. |
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bank
