banking

[ˈbaŋkɪŋ]

banking Definition

• 1. the business conducted or services offered by a bank
• 2. the occupation of managing or working in a bank

Using banking: Examples

Take a moment to familiarize yourself with how "banking" can be used in various situations through the following examples!

• Example

  She works in banking.

• Example

  Banking regulations have become stricter after the financial crisis.

• Example

  I need to go to the bank to take care of some banking transactions.

banking Synonyms and Antonyms

Synonyms for banking

• finance
• monetary
• investment

Phrases with banking

• online banking

  a service provided by banks that allows customers to perform various financial transactions via the internet

  Example

  I prefer online banking because it's more convenient.

• mobile banking

  a service provided by banks that allows customers to perform various financial transactions via their mobile devices

  Example

  I use mobile banking to check my account balance and transfer money.

• retail banking

  banking services provided to individual customers rather than businesses or organizations

  Example

  Retail banking includes services such as checking and savings accounts, loans, and credit cards.

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Summary: banking in Brief

The term 'banking' [ˈbaŋkɪŋ] refers to the business conducted or services offered by a bank, as well as the occupation of managing or working in a bank. It includes phrases like 'online banking' and 'mobile banking,' which allow customers to perform financial transactions via the internet or mobile devices. 'Retail banking' is another phrase that refers to banking services provided to individual customers.