Main definitions of banking in English

: banking1banking2

banking1

noun

  • [mass noun] The business conducted or services offered by a bank.

    ‘with this account, you are entitled to free banking’
    • ‘The government has yet to propose its final details, but the accounts should offer all basic banking services without giving access to credit.’
    • ‘However, the outlook is not entirely bleak for financial institutions that are trying not only to improve customer service by offering online banking, but are also trying to reduce their costs.’
    • ‘All the banks provide free daily banking for their teenage and student accounts.’
    • ‘Last week Abbey National announced plans to pay interest on credit balances and will also offer free banking to new business accounts.’
    • ‘AIB, on the other hand, only offers free banking to personal customers who maintain a minimum credit balance of £400 in their account.’
    • ‘In Iceland it provides corporate, commercial and investment banking services, private banking and asset management.’
    • ‘The Bank of Scotland, whose merger with Halifax should be approved by shareholders in July, became the first bank to offer free banking for life to UK small businesses last year.’
    • ‘IIB Bank provides a wide range of banking services, including corporate and business banking, private banking and treasury and capital markets services.’
    • ‘Typical perks include preferential mortgages and personal loans, free banking, a pension fund, overtime, bonuses and share options.’
    • ‘In the ever-competitive business of finance and banking, Bangkok Bank is striving to excel in customer service and provide quality products.’
    • ‘Abbey claims that small businesses which switch to it from a Big Four bank could save £1,000 annually, through free banking and interest on current accounts.’
    • ‘There's nothing to stop a customer taking their current account business to one of the banks that offer free banking, like Permanent TSB and National Irish.’
    • ‘In three early chapters, he dealt with the relationships of money, commercial banking and business cycles to prices.’
    • ‘National Irish Bank's student account offers free banking and an interest-free overdraft where the limit can be agreed with the bank.’
    • ‘Most banks offer free banking to students, along with other discount services.’
    • ‘In this area, scale can be the route to failure - because commercial and business banking is about relationships and good service.’
    • ‘This year's package for all other students continues to offer free banking over the phone, online or in their student branch.’
    • ‘Government and education will emerge on the technology horizon and banking and financial services will continue their strong run.’
    • ‘Customers who maintain a minimum balance of €500 in an Ulster Bank current account qualify for free banking, she said.’
    • ‘In America, mortgage lending is against the asset, not the person, and the bargain is more like asset financing than personal banking.’
    monetary, money, economic, pecuniary, banking, commercial, business, investment, accounting, fiscal, budgetary
    View synonyms

Pronunciation:

banking

/ˈbaŋkɪŋ/

Main definitions of banking in English

: banking1banking2

banking2

noun

  • An embankment or artificial bank.

    ‘I climbed down the banking and took a photograph’
    • ‘Zinnia pointed out something moving on the banking.’
    • ‘Failing to turn at the bottom of a 300-metre downhill straight, the Nova hit a rock-faced banking at about 55 mph, bringing the car to a dead stop.’
    • ‘‘It seems she was playing near to a stream when she tumbled about 20 feet down the banking,’ said PC Andy Bradley.’
    • ‘‘In Spain I was in sixth gear on a very fast bit of road when the rear of the car just slid wide and touched the banking,’ says McRae.’
    • ‘The 11-year-old panicked and struggled to swim to the banking.’
    • ‘It still looks to me like vandals because you can see clearly where they have run down the banking.’
    • ‘The circuit was opened in the Monza Royal Park, near Milan, in 1922 and featured bankings, though these were demolished in 1939.’
    • ‘He wrecked early there last year and finished just 147 laps, so the team will use a two-day test to get more familiar with the banking that was added last season.’
    • ‘Joyce Crook, aged 46, had tumbled down the banking in the darkness at 11 pm on Saturday night after she wandered off a footpath in the Seven Acres Country Park.’
    • ‘Using radio tracking we discovered that signal crayfish were crossing woodland and climbing quite steep bankings which makes eradication extremely difficult.’
    • ‘It's easy to ride and unlike some velodromes, you don't have to fight the bike round the bankings.’
    • ‘When I looked up a big, black cat came out of the banking and slinked away into the bushes.’
    • ‘If you turn the wheels hard left and lock the brakes down - particularly at Daytona and Talladega, where the banking is so steep - the car will end up in the infield.’
    • ‘‘The grading is done, the banking is in and they've put footers around for the wall,’ he says.’
    • ‘‘We bought the house here about two years ago and have spent about £10,000 landscaping the banking,’ she said.’
    • ‘Nemechek backed into the wall and was broad-sided by three cars as he slid down the banking.’
    • ‘The track flattens out in a hurry - the banking leaves you totally - and this makes the car almost want to move and change lanes on its own.’
    • ‘Modifications to five of the hazards were necessary due the conditions as rain drenched the muddy bankings.’
    • ‘Pedestrians took their lives in their hands running the tree-lined gauntlet, forced to scramble up steep bankings if two vehicles met on the narrow stretch.’
    • ‘That's where the weeping (water seepage) was, but the banking there is different than any other track.’

Pronunciation:

banking

/ˈbaŋkɪŋ/