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.

Read more about Bank.

Famous quotes containing the word bank:

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

    “People get a bad impression of it by continually trying to treat it as if it was a bank clerk, who ought to be on time on Tuesday next, instead of philosophically seeing it as a painter, who may do anything so long as you don’t try to predict what.”
    —Katharine Whitehorn (b. 1926)

    “Denouement to denouement, he took a personal pride in the
    certain, certain way he lived his own, private life,
    but nevertheless, they shut off his gas; nevertheless,
    the bank foreclosed; nevertheless, the landlord called;
    nevertheless, the radio broke,

    And twelve o’clock arrived just once too often,”
    —Kenneth Fearing (1902–1961)