Synonyms in Detail: unbank and unbanked Usage & Differences

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.

Whatโ€™s 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.

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