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A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans, ... Etymology The word bank ...
The history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities.
Banks is a given name of English origin that is a transferred use of a surname or place name that means “by a bank.” [1] It also has modern associations with wealth due to the name for a financial institution and the family surname of the family in the Mary Poppins books and the 1964 film and its 2018 sequel [2] and to Banksy, a pseudonymous England-based street artist and political activist.
The precise definition of M1, M2, etc. may be different in different countries. Another measure of money, M0, is also used. M0 is base money, or the amount of money actually issued by the central bank of a country. It is measured as currency plus deposits of banks and other institutions at the central bank.
In some cases, the payee will take the cheque to a branch of the drawee bank, and cash the cheque there. If a cheque is refused at the drawee bank (or the drawee bank returns the cheque to the bank that it was deposited at) because there are insufficient funds for the cheque to clear, it is said that the cheque has been dishonoured. Once a ...
Bank engine, a railway locomotive attached to the rear of a train, usually to add haulage power over a short distance; Bank or roll, in aircraft flight dynamics, a rotation of the vehicle about its longitudinal axis Banked turn, a change of direction in which a vehicle inclines; Cylinder bank, a single row of cylinders in an internal combustion ...
A savings bank is a financial institution that is not run on a profit-maximizing ... its etymology is identical with that of cash and it originally referred to a ...
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking).