Banking Company (Noun)
Meaning
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".
Classification
Nouns denoting groupings of people or objects.
Examples
- The large banking company was founded over a century ago and has since become a leading player in the financial sector.
- The customer went to the banking company to apply for a personal loan to finance his dream of starting a small business.
- As a major banking company, it provides a wide range of financial services, including deposit accounts, credit cards, and investment products.
- After years of struggling financially, the small banking company was eventually acquired by a larger institution to stay afloat.
- The new banking company promised to offer competitive interest rates and low fees to attract customers in the increasingly crowded market.