bank·​ing | \ ˈbaŋ-kiŋ How to pronounce banking (audio) \

Definition of banking

: the business of a bank or a banker

Examples of banking in a Sentence

They are both in banking. He chose banking as a career.

Recent Examples on the Web

What if there’s a financial crisis because of all of the extraordinary corruption in the banking system and in the state corporations and the lack of accountability there and so on? Eric Johnson, Vox, "The wrong US response to Russia and China may trigger a “new Cold War,” warns Stanford University’s Larry Diamond," 7 Aug. 2019 But the United States has a much bigger banking system, along with a divergence of opinions about the role the Federal Reserve should play in the private sector. NBC News, "'Three day wait' for checks to clear could speed up," 6 Aug. 2019 The country is cut off from the international banking system. Washington Post, "Iranians say US sanctions blocking access to needed medicine," 30 July 2019 The country is cut off from the international banking system. Mohammad Nasiri,, "Iran says say ramped-up American sanctions are blocking access to badly needed medicine," 30 July 2019 Therefore, the money did not need to be registered in global banking systems. Fox News, "Israeli forces arrest 'travel agents' accused of operating Hamas money laundering ring," 18 July 2019 The banking system too is vulnerable: holdings of Italian sovereign debt account for a tenth of Italian lenders’ assets, well above the euro-area average. The Economist, "Will Matteo Salvini wreck the euro?," 11 July 2019 The Federal Reserve, the central banking system of the United States, was created by an act of Congress in 1913. Josefin Dolsten,, "Cartoonist disinvited from White House defends image widely labeled as anti-Semitic," 10 July 2019 Remitting money is fast, safe and, at least for those in the formal banking system, relatively inexpensive. Edward Lotterman, Twin Cities, "Real World Economics: In sports, and STEM, immigrants contribute," 7 July 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'banking.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of banking

1660, in the meaning defined above

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Statistics for banking

Last Updated

17 Aug 2019

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Time Traveler for banking

The first known use of banking was in 1660

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More Definitions for banking



English Language Learners Definition of banking

: the business of operating a bank


bank·​ing | \ ˈbaŋ-kiŋ\

Kids Definition of banking

: the business of a bank or banker


bank·​ing | \ ˈbaŋ-kiŋ\

Legal Definition of banking

: the business of a bank or banker

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More from Merriam-Webster on banking

Spanish Central: Translation of banking

Nglish: Translation of banking for Spanish Speakers

Britannica English: Translation of banking for Arabic Speakers Encyclopedia article about banking

Comments on banking

What made you want to look up banking? Please tell us where you read or heard it (including the quote, if possible).


to move or obtain by small maneuvers

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