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bank

n. 1) an officially chartered institution empowered to receive deposits, make loans, and provide checking and savings account services, all at a profit. In the United States banks must be organized under strict requirements by either the Federal or a state government. Banks receive funds for loans from the Federal Reserve System provided they meet safe standards of operation and have sufficient financial reserves. Bank accounts are insured up to $100,000 per account by the Federal Deposit Insurance Corporation. Most banks are so-called "commercial" banks with broad powers. In the east and midwest there are some "savings" banks which are basically mutual banks owned by the depositors, concentrate on savings accounts, and place their funds in such safe investments as government bonds. Savings and Loan Associations have been allowed to perform some banking services under so-called deregulation in 1981, but are not full-service commercial banks and lack strict regulation. Mortgage loan brokers, and thrift institutions (often industrial loan companies) are not banks and do not have insurance and governmental control. Severe losses to customers of these institutions have occurred in times of economic contraction or due to insider profiteering or outright fraud. Credit Unions are not banks, but are fairly safe since they are operated by the members of the industry, union or profession of the depositors and borrowers. 2) a group of judges sitting together as an appeals court, referred to as "in bank" or "en banc."

bank

noun bursary, cash box, coffer, depository, monntary reservoir, money box, pecuniary resource, promptuary, public treasury, repository, reserve, safe, safe-deposit vault, storehouse, strongroom, till, vault
Associated concepts: bank account, bank bill, bank certificate, bank check, bank collections, bank deposit, bank draft, bank examiner, bank money order, bank note, bank of deposit, bank of issue, bank robber, bank stock, bank transaction, bank withdrawal, bankbook, banker's acceptance, banker's lien, banking hours, banking powers, banking privileges, commercial bank, savings bank
See also: border, coffer, deposit, edge, fund, garner, hoard, keep, margin, pool, repository, reserve, shelter, store, treasury

BANK, com. law. 1. A place for the deposit of money. 2. An institution, generally incorporated, authorized to receive deposits of money, to lend money, and to issue promissory notes, usually known by the name of bank notes. 3. Banks are said to be of three kinds, viz : of deposit, of discount, and of circulation; they generally perform all these operations. Vide Metc. & Perk. Dig. Banks and Banking.

References in periodicals archive ?
TALKING POINT This was far from entertaining but supporters will welcome the win MOMENT OF MATCH Double delight for substitutes Flo Bojaj and scorer Jamie Paterson MOAN OF THE MATCH Not too much to moan about given the three points REF WATCH Peter Bankes a consistent performance from the Merseyside whistler
Subs not used: Hutchinson, Parker, Kacaniklic, Mattila, Woodrow REFEREE: Peter Bankes 0 Yellow Cards .
The carvings are now on display in Kingston Lacy's Spanish room - home to the Bankes collection of Spanish art - and are available for sale to fund conservation work at Kingston Lacy.
But, once the ball had run safe, Mr Bankes summoned Schumacher for a yellow card, demonstrating that he not only fully understands the spirit of advantage but also, far more unusually, grasps the fact that a tackle does not necessarily have to involve physical contact to constitute a foul.
To address the question, the Program on Water Issues at the Munk School of Global Affairs at the University of Toronto collaborated with two experts in international law − Nigel Bankes from the University of Calgary and Barbara Cosens from the University of Idaho − to develop Protocols for Adaptive Water Governance: The Future of the Columbia River Treaty , available at http://powi.
Lee Ingleby, Liz White, Ralf Little, Stephen Campbell Moore, Sophia Myles, Amelia Clarkson, Honor Kneafsey, Peter Wight, Anne Reid, Celia Imrie, Sally Bankes, Faye Brookes, Hayley Carmichael, Jonathan Cullen, Tom Hardman and Alice Orr-Ewing star.
Environmental Classification and Impact (summary): According to the BankEs environmental screening categories the acquisition of the four HEPPs by Kurum International has been screened as Category B due to limited potential impacts which can be prevented and mitigated by readily available technologies and generate any new significant risk and negative impacts.
0 BILLY BARR'S pursuit of the Wrexham job full-time may have gotten a little harder after this drawand he's blaming referee Tony Bankes for that.
Bankes (natural resource law, University of Calgary, Canada) and Koivurova (environmental and minority law, University of Lapland, Finland) and their contributors are primarily concerned with the "recognition of property interests (ownership interests and use rights) of indigenous people within the settler State, with some focus on the property interests of the Saami within the three Nordic countries of Norway, Sweden, and Finland.
It also includes an 1818 letter to William Bankes, a gentleman who was forced to flee England after being caught having sex with a soldier.
The season's second biggest Racecourse crowd for a league match vented their frustration at referee Peter Bankes, who twice in the space of a minute waved away penalty appeals when Morrell was subjected to rugged and full-blooded challenges.