What does BANKS mean?

Definition of Banks

Banks is a noun that refers to financial institutions that accept deposits and make loans. They are regulated by the government and provide a variety of financial services to individuals and businesses.

Pronunciations of Banks

• US: /bæŋks/
• UK: /bæŋks/

Origin and Usage of Banks

The word "banks" comes from the Old Norse word "banke," which means "mound" or "ridge." It was first used in English in the 15th century to refer to the raised ground along the side of a river or stream. Over time, the term came to be associated with financial institutions that were located along these raised banks. Today, banks are an essential part of the global economy and play a crucial role in facilitating commerce and trade.

Synonyms of Banks

• Financial institutions
• Banking institutions
• Moneylenders

Related Words to Banks

• Money
• Cash
• Loans
• Saves
• Debit

Example Sentences with Banks

• She deposited her paycheck at the bank.
• The bank approved his loan application.
• The banks stock price has been steadily rising.