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 What should I do with $60,000? |
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mlk | Whats meant by bank? |
whats meant by bank |
 |
 
curious
 |
1. The side of a river is called bank. A river has two banks. That is why rivers are rich.
2. A bank is one in which money flows. A bank is a river of money.
3. Also roads are banked to one side at bends. |
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Jeevan Kumar Mittal, 1956
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Bank accept money / deposit at low rate and offer at high rate. Any one can deposit money in bank against interest. Any one can apply for loan.
Bank also provide various services attached to deposit / loan such as collection of payments (cheques), issue to drafts, money transfer, acceptance of tax, forign exchange etc. |
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keral
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where we keeping for deference purpose of deference thinks called bank. see this------money bank, blood bank,vegetable bank....... |
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John S
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Turn the control column to the left and you'll end up in Paris. |
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P.RAM
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saving and utlisation |
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swati
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A bank [bæŋk] is a business which provides financial services for profit. Traditional banking services include receiving deposits of money, lending money and processing transactions. Some banks (called Banks of issue) issue banknotes as legal tender. Many banks offer ancillary financial services to make additional profit; for example: selling insurance products, investment products or stock broking.
Currently in most jurisdictions the business of banking is regulated and banks require permission to trade. Authorization to trade is granted by bank regulatory authorities and provide rights to conduct the most fundamental banking services such as accepting deposits and making loans. There are also financial institutions that provide banking services without meeting the legal definition of a bank (see banking institutions).
Banks have a long history, and have influenced economies and politics for centuries.
Traditionally, a bank generates profits from transaction fees on financial services and from the interest it charges for lending. In recent history, with historically low interest rates limiting banks' ability to earn money by lending deposited funds, much of a bank's income is provided by overdraft fees and riskier investments.
The name bank derives from the Italian word banco, desk, used during the Renaissance by Florentines bankers, who used to make their transactions above a desk covered by a green tablecloth. |
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sluggo1947
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There's a few meanings.. A place to manage money and saving is a bank. To make certain of a situation is to bank on it. A shore on a river is a bank. |
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sandevyl
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depository financial institution: a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home."
sloping land (especially the slope beside a body of water); "they pulled the canoe up on the bank"; "he sat on the bank of the river and watched the currents"
a supply or stock held in reserve for future use (especially in emergencies) |
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Mak P
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Bank means money landing instute |
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Mayur Parekh
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Bank means mony landing instute.Which give loan at low rat of intrest to Student, widows,old parson. |
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subramanya b
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bank means borrow money from you at a lesser rate and give it back to you as a loan at a higer rate and there by making profit from your foolishness !!!!!!!! |
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amatulllah
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A bank may be defined as a company which collect money from the public in the form of deposits and lends the same to borrowers |
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