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, 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 ?
Exclusion criteria were lamellar donor grafts thinner than 100 [micro]m because this tissue processing for ultrathin or nanothin DSAEK is different than for conventional standard DSAEK and it is not performed in our eye bank. Lamellar thickness was measured by anterior OCT on a Visante OCT device (Carl Zeiss Meditec, Jena, Germany), which is a non-invasive, non-contact imaging method that provides a high micrometric resolution of eye tissue sections.
He said that it was a revolutionary and significant step of establishment of Eye Bank at Allied Hospital.
The software was implemented in the hospital's HIS by creating a new working environment for the eye bank and contained three different views: an overview of the processed transplants, the waiting list and a history of transplanted grafts for both our own and externally provided grafts (Figure 2).
I would urge all involved in organ donation generally, and eye banks in particular, to look at ways in which the current system can be changed to benefit all those requiring corneal transplants in SA.
He explained that 90 per cent of hospitals worldwide usually remove the entire cornea and transplant another one taken from a cadaver and brought from an eye bank.
In a cross-sectional study, 120 donor corneal tissues of 60 donors were evaluated between April 2011 and April 2015 in the eye bank, R.
The Eye Bank Association of America (EBAA) has expressed its displeasure to the American Association of Tissue Banks (AATB) regarding comments AATB made to the Food and Drug Administration (FDA) on the donor testing and screening of corneal tissue.
The Rotary Club of Borivali, which is organizing this event is organized in association with the "Manjulaben Dolatrai Desai Rotary Borivli Eye Bank & Proceesing center" that has successfully provided corneas to more than 700 blind people and changed their lives.
12, haled to court the officers of the Eye Bank Foundation, the owners of the funeral parlor Funeraria Filipinas and some embalmers.
There's also an increased awareness of transplantation, thanks to the strong Eye Bank and Organ Recovery Agency helping to disseminate information to the public."
Chief Chamberlain and President of the Higher Council for the Affairs of People with Disabilities, HRH Prince Raad Bin Zaid honored relatives of cornea donors during a ceremony held on Thursday organized by Friends of Jordan Eye Bank & Prevention of Blindness Society and donated by Jordan Islamic Bank (JIB)
Adamjee Insurance Company Limited (AICL) celebrated "The joy of vision" by sponsoring Free cataract operations to the needy at Pakistan Eye Bank Society (PEBS).