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 ?
If aircraft air speed and bank angle are known, a turning radius can be calculated from the following equation (10):
(2) Under the FSM strategy, the PV panel generally provides its maximum available power which is only influenced by the flight attitude, especially the bank angle for this mission.
Attack angle constraint and bank angle constraint are set as 0[degrees] [less than or equal to] [alpha] < 30[degrees] and -40[degrees] [less than or equal to] v[degrees] [less than or equal to] 1[degrees].
where r, [theta], [lambda], v, [gamma], [psi], and [phi] are the radius, longitude, latitude, velocity, flight path angle, heading angle, and bank angle, respectively, D is the drag acceleration, and L is the lift acceleration, defined in
It represents the maximum distance the aircraft can detour from the center line with the maximum bank angle in each time stamp.
There's a bank angle beyond which you will start to descend!
"I wanted the bank angle to be as tight as possible for packaging, and 75[degrees] was as tight as I could go and still have room for the oil galley and enough structure to keep the block reasonably stiff," he says.
By merely positioning the flight path marker toward the boxes and rolling into the appropriate bank angle, the actual heading is unimportant.
The graph at the top of the following page both perpetuates the stalling speed concept and puts some bank angle into the equation.
The problem is transformed into NLP by using Chebyshev polynomial interpolation to discretize the angle of attack (AOA) and bank angle simultaneously, and the scope of the AOA is figured out by path constraints to simplify the problem.