What context can I use each word in?
Learn when and how to use these words with these examples!
unbank
Example
I decided to unbank with my current bank and switch to a credit union. [unbank: verb]
Example
The company is looking to unbank their payment system and move towards cryptocurrency. [unbank: verb]
Example
Many people in rural areas are unbanked and rely on alternative financial services. [unbanked: adjective]
unbanked
Example
The unbanked population in this country is growing due to economic inequality. [unbanked: adjective]
Example
Many unbanked individuals rely on payday loans with high interest rates to make ends meet. [unbanked: adjective]
Example
The government is working to increase financial inclusion and reduce the number of unbanked citizens. [unbanked: adjective]
Good things to know
Which word is more common?
Unbanked is more commonly used than unbank in everyday language, especially in discussions about financial inclusion and inequality.
Whatโs the difference in the tone of formality between unbank and unbanked?
Unbanked is more formal and technical than unbank, making it more appropriate for academic or professional contexts.