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:

    A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.
    William Booth (1829–1912)

    We bank over Boston. I am safe. I put on my hat.
    I am almost someone going home. The story has ended.
    Anne Sexton (1928–1974)

    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)