Apr 7, 2025 · Simply put, a bank is a financial institution that accepts deposits and makes loans. Banks also play a key role in a nation’s economy, facilitating the management and movement of money for …

Bank ... A bank is a financial institution that accepts deposits from the public and creates a demand deposit while making loans. [1] Lending activities can be directly performed by the bank or indirectly …

Nov 11, 2025 · A bank is a financial institution that provides services such as accepting deposits, making loans, and offering products like savings accounts and certificates of deposit (CDs).

bank, an institution that deals in money and its substitutes and provides other money-related services. In its role as a financial intermediary, a bank accepts deposits and makes loans.

Middle English bank "table or counter of a money changer," from early French banque (same meaning) or early Italian banca, literally, "bench"; of Germanic origin.

Definition of bank noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

A bank is an institution where people or businesses can keep their money. Which bank offers you the service that best suits your financial needs? I had £10,000 in the bank.

BANK definition: 1. an organization where people and businesses can invest or borrow money, change it to foreign…. Learn more.

A bank is a business that accepts deposits and makes loans. When your money is in an FDIC-insured bank, you don’t have to worry about it being lost or stolen; it will be safe until you are ready to use it.

A bank is a financial institution with a license to hold your savings and provide loans. Here's a look at many accounts, loans, services and features banks have.