BNET Business Dictionary
Business Definition for: Bank
- a commercial institution that keeps money in accounts for individuals or organizations, makes loans, exchanges currencies, provides credit to businesses, and offers other financial services
Wiktionary Definition for: Bank
- An institution where one can place and borrow money and take care of financial affairs.
- A branch office of such an institution
- A safe and guaranteed place of storage for and retrieval of important items or goods.
- Ex:''blood bank''
- Ex:''sperm bank''
- Ex:''data bank''
- A row or panel of items stored or grouped together.
- Ex:''a bank of switches''
- An edge of river or other watercourse.
- nautical An elevation, or rising ground, under the sea; a shallow area of shifting sand, gravel, mud, and so forth (for example, a sandbank or mudbank).
- An embankment, an earth slope
- A row of keys on an musical keyboard or the equivalent on a typewriter keyboard
- italbrac of aircraft to roll or incline laterally in order to turn.
- to deal with a bank or financial instsitution
- Ex: ''He banked with Barclays.''
- to put into a bank
- Ex:''I'm going to ''bank'' the money''
- to cause (an aircraft) to bank.
- to cover the embers of a fire with ashes in order to retain heat.
- #English bank (''financial institution'')
- sum of bets (e.g. in a casino)
- a beating
- #English bank (''financial institution'')
- couch, sofa, bench
- #English bank
- #bank (''financial institution, branch of such an institution'')
- #bank (''place of storage'')
- #bank (''of a river of lake'')
- #sandbank
- #bank (''financial institution'')
Additional Resources
- Bank of America Posts $1 Billion Loss
- By Joe Rauch and Elinor ComlayCHARLOTTE, N.C./NEW YORK (Reuters UK) - Bank of America BAC posted a $1 billion (611.2 million pound) quarterly loss on Friday as consumer credit woes eclipsed investment banking earnings, underlining why the bank remains on a government respirator.The nation's largest bank received two taxpayer bailouts...
- News items 2009-10-16
- The Bank of New York Mellon Corporation Q3 FY07 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. [Operator Instructions]. Our first question comes from Glenn Schorr with UBS. Please go ahead. Glenn Schorr - UBS Hey guys. Robert P. Kelly - Chief Executive Officer Good morning Glenn. Glenn Schorr - UBS so I guess it's...
- Earnings calls 2007-10-18
- First Bank & Trust Refuses Fed Bailout
- The way major financial institutions are feasting on taxpayer-backed bailouts, you'd think every bank in this country has on the feed bag. Not true. Just north of Chicago, dwelling in the People's Republic of Evanston, is First Bank & Trust -- a 13-year-old community...
- Blog posts 2008-11-30
- Bendigo and Adelaide Bank posts 24% drop in cash earnings, launches $300m capital raising
- By a staff reporter Regional lender Bendigo and Adelaide Bank Ltd has posted a 24 per cent drop in cash earnings, but said its credit quality remains sound and it was positioned well for sustainable growth, as it launched a $300 million capital raising. Bendigo reported a cash earnings result...
- News items 2009-08-09
- U.S. Bancorp Gets $18 Billion Seized Bank Assets
- By Sam Mircovich and Edwin Chan LOS ANGELES (Reuters) - U.S. Bancorp on Friday acquired nine banks held by FBOP Corp, picking up $18.4 billion in assets after regulators seized a major Los Angeles lender and eight other banks in the latest failures to emerge from the financial crisis. Among...
- News items 2009-10-30
- Data Discrepancies Make Bank Hard to Predict
- By Christina FincherLONDON (Reuters UK) - When Bank of England policymakers meet this week to discuss whether to pump more money into the economy they will have to piece together some contradictory data.Official figures show the economy shrank for a sixth consecutive quarter between July and September, making the current...
- News items 2009-11-03
- Barbarians could be back at bank gates
- NEW YORK Fortune -- Regulators cleaning up after bank failures showed Wednesday how far they're willing to reach out for help. The Federal Deposit Insurance Corp.'s board voted 4-1 to set new rules governing the terms under which private investors such as buyout firms may invest in failed banks. The...
- News items 2009-08-26
- Data Discrepancies Make Bank Hard to Predict
- By Christina FincherLONDON (Reuters UK) - When Bank of England policymakers meet this week to discuss whether to pump more money into the economy they will have to piece together some contradictory data.Official figures show the economy shrank for a sixth consecutive quarter between July and September, making the current...
- News items 2009-11-04
- Convictions handed down in bank shares scandal. (Bank Hapoalim, Bank Leumi, United Mizrahi Bank, Israel Discount Bank, IDB Holding Corp., bank officials)
- Israel's four leading banks - Bank Hapoalim, Bank Leumi, United Mizrahi Bank and Israel Discount Bank - together with IDB Holding Corp and a number of former bank officials, were recently found guilty ofwrong-doing relating to the October 1983 bank shares collapse. IDB Bankholding, Bank Leumi...
- Research articles 1994-03-04
- Regulators Close Colonial Bank; Assets Sold to BB&T
- NEW YORK (Reuters) - Colonial Bank, of Montgomery Ala., was shuttered on Friday and its assets sold to southeast regional bank BB&T Corp, marking the largest bank failure this year. The bank closure -- the 74th this year -- brings an end to the Alabama lender which has seen its...
- News items 2009-08-14
- Friends for life: Bank of America/Continental. (merger between Bank of America and Continental Bank)
- Financially troubled Continental Bank is being purchased in a friendly takeover by Bank of America for $1.9 billion. Bank of America purchased the bank to expand further into wholesale banking in the Midwest. With the purchase, Bank of America will have $Financially troubled Continental Bank is being purchased in a...
- Research articles 1994-02-05
- BANK OF AMERICA LIKELY TO BUY INTO CHINESE BANK
- AsiaInfo Services 04-05-2005 Bank of America Likely to Buy into Chinese Bank CHINA, Apr 05, 2005 SinoCast via COMTEX -- It is reported that Bank of America has planned to buy into a Chinese bank. Bank of America...
- Research articles 2005-04-05
- Bank of Israel seeks to cancel Barclays deal. (Israel Discount Bank Ltd.'s acquisition of Mercantile Discount Bank Ltd. from Barclays Bank PLC)
- The Bank of Israel has appealed to the Israeli Supreme Court to set aside the deal in which Israel Discount Bank Ltd IDB gained full control of Mercantile Discount Bank Ltd. In that deal, IDB bought out Barclays Bank plc's 50 percent holding in Bar The...
- Research articles 1993-07-30
- TURKEY: MOODY'S DOWNGRADES RATINGS OF SABANCI BANK PLC.
- Moody's Investors Service has today downgraded the Baa1/P-2 deposit ratings and C- Bank Financial Strength Rating of Sabanci Bank plc ("Sabanci Bank"), the UK based bank, to Ba1/NP for bank deposits and D- for Bank Financial Strength. The Moody's Investors Service has today downgraded...
- Research articles 2006-12-14
- A view from Germany: Deutsche Bank CFO Clemens Boersig talks about a range of subjects, including the bank's listing on the New York Stock Exchange, accounting standards and ethical management. (CFO Interview).(Interview)
- Last October, Deutsche Bank AG listed on the New York Stock Exchange, becoming the largest foreign bank to seek capital in the U.S. equity markets. Deutsche Bank is the biggest bank in the Euro Zone, and the second largest bank in the world behind Mi Last...
- Research articles 2002-07-01
- Lehman Follows Good Bank/Bad Bank to Redemption
- Roger Ehrenberg submits: Lehman Brothers LEH recently announced that it is taking a Good Bank/Bad Bank approach to tens of billions of dollars of illiquid real estate assets, hiving them off from the rest of the firm. Nice to see someone is listening. As previously discussed, I firmly believe...
- External links 2008-08-31
- Snapshots of the Hong Kong Bank Run
- Trader Mark submits: Looks like the shorts have taken their tactics overseas - spreading rumors to drive down bank stocks (hey they've been banned from their "operations" in most Western countries, time to move to the East). This is causing a bank run in Hong Kong. Go hedge funds go...
- External links 2008-09-24
- Bank of America's Capital Requirement To Boost Government Stake
- It's looking less and less likely Bank of America will be repaying the funds it borrowed through the Treasury Asset Relief Program TARP early, as it had once hoped. The Wall Street Journal reported that regulators told the bank it needs to address a capital shortfall of...
- Blog posts 2009-05-06
- Bank of America's New Ritz-Carlton
- Bank of America's first hotel, an 18-story Ritz-Carlton in Charlotte, N.C., is slated to open in October. According to a few reports, the hotel will also be built green -- it's planned to be gold-certified by the U.S. Green Building Council's Leadership in Energy and Environmental Design. It's also Charlotte's first five-star hotel and built...
- Blog posts 2009-05-28
- Fairfield County Bank Corp. Merges with Bank of Westport
- RIDGEFIELD, Conn. -- Gary C. Smith, President and CEO of Fairfield County Bank Corp. announced today that Fairfield County Bank Corp. Fairfield County Bank has merged with Bank of Westport. Fairfield County Bank, a Connecticut mutual savings bank with over $1 billion in assets is headquartered in Ridgefield, Connecticut...
- Research articles 2004-06-21
Neighboring Terms
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