Definition

1. Noun:
   • The business conducted or services offered by a bank: "banking" refers to the commercial activities and services provided by financial institutions that accept deposits, provide loans, and manage financial transactions.
   • The act of transacting with a bank: "banking" can also describe the activity of an individual or business depositing, withdrawing, or borrowing money from a bank.

Examples of Usage

• Noun:
  • She has a career in banking. (She works in the financial services industry of banks.)
  • Online banking has made managing finances more convenient. (The service of conducting bank transactions via the internet has increased convenience.)
  • He was at the bank, doing his weekly banking. (He was at the bank, conducting his regular financial transactions like depositing checks.)

Advanced Usage

• "retail banking": Banking services provided to individual consumers, such as savings accounts and personal loans, as opposed to corporate clients.

  • Retail banking focuses on serving the needs of the general public.

• "investment banking": A specific segment of banking concerned with creating capital for other companies, governments, and other entities through underwriting and securities trading.

  • He moved from commercial banking to investment banking.

Variants and Related Words

• Bank (n/v): The financial institution itself; also the verb meaning to deposit money or have an account with a bank.
• Banker (n): A person who owns or manages a bank or is a senior official in a bank.
• Bankable (adj): Acceptable to a bank as security for a loan; commercially viable.

Synonyms

• Finance: The management of large amounts of money, often by governments or large companies (broader than banking).
• Moneylending: The business of lending money (a narrower, more specific aspect of banking).

Related Phrases (Phrasal Verbs)

Note: "Banking" itself is not typically used in phrasal verbs. The base verb "bank" is used. - Bank on: To rely or depend on something. - You can bank on her to finish the project on time. - Bank up: To accumulate or pile up, like snow or clouds. - The snow began to bank up against the fence.

Related Idioms

• Break the bank: To cost too much money; to be very expensive.
  • Buying a new car shouldn't break the bank if you budget carefully.
• Laugh all the way to the bank: To make a lot of money easily, especially when others thought you would fail.
  • His critics doubted him, but now he's laughing all the way to the bank.

Noun

1. transacting business with a bank; depositing or withdrawing funds or requesting a loan etc.
2. engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc.