bank

(redirected from eye bank)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.

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 ?
Padmanabham, secretary of the eye bank said, the Nityannadhanam programme is focused to provide food to the attendants of in-patients free of price.
International Sight Restoration Eye Banks has a truly modern eye bank in Florida, the only eye bank in the United States to boast certified ISO Class 5, 7, & 8 Clean Rooms.
Miracles In Sight /MIS (formerly The North Carolina Eye Bank), based in Winston-Salem, NC, is one of the largest eye banks in the US.
He explained: "Most people say it's something that they never imagined happening, like science fiction, because the level of technology and knowledge involved and also the very hard work of the eye bank staff.
There had been an informal agreement between mortuaries in Johannesburg and the GCEB that kept cases referred to the eye bank at reasonable levels.
The Arkansas Lions Eye Bank & Laboratory opened at UAMS in 1986 to provide corneas for transplant candidates in the state.
Valluri, who serves as medical director of the Indiana Lions Eye Bank.
1944: The first eye bank opened at the New York Ear, Nose and Throat Hospital: Since 1905 doctors had performed successful cornea transplants, but it was always a difficult process as donor tissue was not readily available.
The Eye Bank Association of America needs a creative self-starter to be responsible for the overall administration of the association's internal and external communication, and the development and oversight of the association information technology and public relations efforts.
We are very excited about this new application for the IntraLase femtosecond laser and delighted to see it utilized by TBI at The National Eye Bank Center," said Bernard Haffey, executive vice president and chief commercial officer of IntraLase.
Today, the Rocky Mountain Lions Eye Bank (RMLEB) released statistics in conjunction with the National Donor Designation Report Card.
The Eye Bank Association of America estimates that more than 32,000 corneal transplant procedures were performed in the U.