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:

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

    It was like passing a boundary to dive
    Into the sun-filled water, brightly leafed
    And limbed and lighted out from bank to bank.
    That’s how the stars shine during the day.
    Wallace Stevens (1879–1955)

    ... an adamantine island chained to the shifting bank of the Channel.
    Christina Stead (1902–1983)