bank

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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 ?
In the later section, the special flight path angle is easily calculated in the trajectory optimization when considering the derivatives of command angle of attack and bank angle as control variables.
The AOPA quoted UND's Lewis Archer as saying, "Variables that will be analyzed include bank angle, airspeed and runway overshoot.
Accelerated stall from maneuvering aggressively in the traffic pattern, for example, constant altitude skidding turn from base to final at a steep bank angle with increased AoA (increased wing loading).
More importantly, though, is that with practice you can control your airspeed and keep the landing area underneath you with slight bank angle adjustments.
A bank angle of 70[degrees] was chosen to minimize the V4's width so that it could comfortably fit in place of an inline four-cylinder, or in the engine bay of a sport boat or other recreational vehicle.
The rate of turn is too little for the bank angle, accomplished with opposite control inputs.
It was challenging to fly straight ignoring the AI's bank angle, but it would have been even more challenging to hold pitch without the AI's pitch reference.
The bank angle has been reduced from 15[degrees] to 10.
That's because the roll/yaw behavior of many airplanes couples so well that you can add gentle rudder pressure to precipitate a near-flat bank angle while yawing through the compass points.
Those seeking deeper understanding may uncover that their airplane stalls at the same angle of attack in a given configuration, regardless of weight and bank angle.