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

This morning, Facebook announced an ambitious new cryptocurrency called Libra, to be managed by an association of tech and finance companies including Facebook alongside more conventional banking companies like Visa and Mastercard. Russell Brandom, The Verge, "Facebook’s cryptocurrency has a trust problem," 18 June 2019 Harit Talwar, the head of Goldman Sachs’s consumer bank, Marcus, has an interesting yarn to tell about branchless banking and partnering with Apple. Adam Lashinsky, Fortune, "Wall Street's Titans Meet Fintech's Purple-Haired Innovators—Data Sheet," 18 June 2019 In the developing world, where Facebook is looking for user growth and advertising is less lucrative, Libra could attract an entirely new segment of users looking for a stable, low-cost and smartphone-native international banking option. Sam Dean,, "Why Facebook wants its own currency — and why that scares its critics," 18 June 2019 Investors are also opting for bonds, utilities and consumer staples and pulling back from banking and technology stocks. Kate Gibson, CBS News, "Stocks are riding high, so why are investment pros turning bearish?," 18 June 2019 Amid rumors of the company's cryptocurrency plans, the US Senate banking committee last month wrote a letter to Zuckerberg asking how the company would protect users' financial data. Clare Duffy, CNN, "Facebook wants to make cryptocurrency mainstream. Here's how," 18 June 2019 Both served middle-market businesses, making MB Financial a major player in that commercial banking niche. Robert Channick,, "Fifth Third to close 44 Chicago-area branches in July after completing MB bank merger," 17 June 2019 Discover, which introduced a checking account only a year and a half ago, helps to change the free banking landscape. Janna Herron, USA TODAY, "This big bank is eliminating all fees on checking and savings accounts," 17 June 2019 The former officials at KPMG revised work papers in 2016 to lower the chance that inspectors would find deficiencies in their audits of banking clients, according to the settlement order. Dave Michaels, WSJ, "KPMG Agrees to Pay $50 Million Penalty Related to Misconduct Allegations," 17 June 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

22 Jun 2019

Look-up Popularity

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 take the place or position of

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