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:

    Good resolutions are useless attempts to interfere with scientific laws. Their origin is pure vanity. Their result is absolutely nil. They give us, now and then, some of those luxurious sterile emotions that have a certain charm for the weak.... They are simply cheques that men draw on a bank where they have no account.
    Oscar Wilde (1854–1900)

    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 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.