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:

    When women can support themselves, have entry to all the trades and professions, with a house of their own over their heads and a bank account, they will own their bodies and be dictators in the social realm.
    Elizabeth Cady Stanton (1815–1902)

    on a May morwening upon Malverne hilles
    Me befel a ferly, of fairye me thoughte;
    I was wery ofwandred and wente me to reste
    Under a brod bank by a bournes side;
    And as I lay and lenede and lookede on the watres,
    I slomerede into a sleeping, it swyede so merye.
    William Langland (1330–1400)

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