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 she could hide him no longer she got a papyrus basket for him, and plastered it with bitumen and pitch; she put the child in it and placed it among the reeds on the bank of the river.”
    —Bible: Hebrew, Exodus 2:3.

    “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)

    “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)