Banks

Where money lives

Banks are financial institutions that manage money by accepting deposits, offering loans, and facilitating transactions.

Historically, early banks like the Medici Bank in 15th-century Florence innovated double-entry bookkeeping, a system still in use.

Modern banks use fractional reserve banking, where only a portion of deposits is kept as reserves, enabling them to lend more than they hold.

Specialized banks, such as investment banks, focus on underwriting securities and mergers, while central banks regulate currency and monetary policy.

The bank approved a mortgage loan after reviewing the applicant’s credit history.

geography

sandbank

Underwater sand accumulation

fog · fishing grounds · shipwreck · navigation · coastal · shallow · tidal · dunes · maritime

riverbank

shore

Land bordering water

erosion · sediment · muddy · steep · overflowing · fishing · reeds · willows · current · sandbar

financial

deposits

Material settled or stored

accounts · savings · checking · interest · ATM · branch · mortgage · credit · withdrawal · investment

storage

repository

Place for storing things

donation · collection · preservation · storage · vault · inventory · supply

aerial

tilt

Angular deviation from level

aircraft · pilot · wing · angle · steep · curve · glide · flight · aviation · cornering

Categories
Opposites
financial institution type

Bankscredit unions

Member-owned financial cooperatives

loan sharks · building societies · pawnshops · cooperatives · mutual aid societies

money storage/management

Banksmattress

Padded sleeping surface

piggy bank · coffee can · cash in hand · barter · cryptocurrency wallets

geographic/topographic feature

Banksriverbed

Floor beneath flowing water

channel · midstream · depths · deep water · current

Phrases
Family

bank, banked, banking, banker, bankers, bankable, unbanked, riverbank, riverbanks

Familiarity
Top 500,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G