Bank

1.

A regulated institution offering certain financial services.

In the UK, the banking system includes the Bank of England (the Central Bank), the Commercial Banks, Merchant banks plus branches of foreign banks and National Savings & Investment.

2.

To deposit (cash, cheques or similar) in a bank or transact business with a bank.

See also

• Asset-backed
• Asset-led
• Broker-dealer
• Building society
• Central bank
• Commercial banks
• DTLB
• Financial intermediary
• Glass-Steagall Act
• HSBC
• ICB
• Independent Commission on Banking
• Liability-led
• Money market
• Mutual
• Private equity house
• Ring fence
• Shadow banking
• Supranational
• Trading company
• Vickers Report
• Volcker Rule