Bank

Bank

A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital surpluses.

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Famous quotes containing the word bank:

    The English language is like a broad river on whose bank a few patient anglers are sitting, while, higher up, the stream is being polluted by a string of refuse-barges tipping out their muck.
    Cyril Connolly (1903–1974)

    What’s breaking into a bank compared with founding a bank?
    Bertolt Brecht (1898–1956)

    O Gold! I still prefer thee unto paper,
    Which makes bank credit like a bark of vapour.
    George Gordon Noel Byron (1788–1824)