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bank |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Idioms, Wikipedia, Hutchinson | 0.04 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| George Mason wanted to install new stadium lighting, but the $120,000 cost would have broken the bank. O'Neal might be the most pleasing example of all, having broken the bank in 1996, then rounding out his game and leading the Lakers to an NBA championship. Danny Glover has broken the bank with the four ``Lethal Weapon'' films, as did Richard Pryor in Sidney Poitier's ``Stir Crazy'' (the highest-grossing black-directed film until this year) and Chris Tucker in ``Rush Hour. |
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