Meaning & Definition of word "Bank"

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    Bank

    /bæŋk/

    noun:

    • 1. A financial institution that accepts deposits from the public and provides loans.
      • Example: She went to the bank to open a savings account.
    • 2. A place where money and financial transactions are managed.
      • Example: The bank offers a variety of services including mortgages and investment advice.
    • 3. A synonym for a slope or a mound, often referring to the land alongside a river.
      • Example: We had a picnic on the bank of the river.
    • 4. The land alongside a body of water.
      • Example: The ducks were swimming near the bank of the pond.

    verb:

    • 1. To rely on or to trust in someone or something.
      • Example: You can bank on her to complete the project on time.
    • 2. To store money in a bank account.
      • Example: He decided to bank his paycheck instead of keeping cash.

    Etymology

    From Middle English 'banque', from Old Italian 'banca', meaning 'bench, table'.

    Common Phrases and Expressions

    to bank on:

    To depend on someone or something.

    bank statement:

    A summary of transactions in a bank account.

    time bank:

    A system where people exchange time as currency.

    blood bank:

    A place where blood is collected, stored, and processed.

    Related Words

    banking:

    The business conducted or services offered by a bank.

    banker:

    A person who manages or works in a bank.

    bankroll:

    The total money that a person or organization has.

    Slang Meanings of bank

    Meaning: Money; wealth.

    Example Sentence: He's got the bank to fund that project.

    Meaning: To save or accumulate money.

    Example Sentence: I'm banking a little each month for my vacation.

    Meaning: To have confidence in something.

    Example Sentence: You can bank on her help with this.