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 The purchases also have pumped cash into the banking system and lowered long-term interest rates to help households and businesses. Paul Davidson, USA TODAY, "With risk of long recession, 'weak recovery,' Fed's Powell vows to to use tools to 'fullest'," 13 May 2020 After years of expansion, the banking system has been well capitalized heading into this crisis. Neil Irwin, New York Times, "Why Economic Pain Could Persist Even After the Pandemic Is Contained," 11 May 2020 The idea of creating a central bank first gained currency following the Panic of 1907—a severe financial crisis and economic depression that revealed the weakness of the nation’s banking system. Christopher W. Shaw, Harper's Magazine, "The Money Question," 30 Mar. 2020 In March, 1933, with the banking system seemingly on the verge of collapse, the R.F.C. played a key role in stabilizing things. John Cassidy, The New Yorker, "It’s Time to Establish a New Reconstruction Finance Corporation," 24 Mar. 2020 The banking system, stuffed with capital, has yet to seize up; interbank lending rates are under control. The Economist, "V is for vicious How to deal with a new sort of financial shock," 12 Mar. 2020 Britain’s central bank acknowledged that an electronic pound could be destabilizing for its commercial banking system. John Detrixhe, Quartz, "The Bank of England is debating whether to issue a digital currency," 12 Mar. 2020 Cuba regularly trades with Russia and Venezuela for subsidized oil, and its banking system is primitive, according to the Heritage Foundation. Fox News, "The world's remaining communist countries, and how they're faring economically," 23 Feb. 2020 But because federal law prohibits the sale and use of marijuana, growers have not had easy access to the banking system. Author: Markian Hawryluk, Anchorage Daily News, "America’s marijuana growers are the best in the world, but federal laws are keeping them out of global markets," 28 Dec. 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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Time Traveler for banking

Time Traveler

The first known use of banking was in 1660

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Statistics for banking

Last Updated

24 May 2020

Cite this Entry

“Banking.” Dictionary, Merriam-Webster, Accessed 3 Jun. 2020.

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More Definitions for banking


How to pronounce banking (audio)

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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Comments on banking

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