bank·​ing | \ ˈbaŋ-kiŋ \

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

Goldman’s investment banking business also had a solid quarter, posting net revenues of $2.05 billion, which is up 18 percent from a year earlier. Ken Sweet, The Seattle Times, "Goldman Sachs’ 2Q profit up 44 pct; CEO Blankfein to retire," 17 July 2018 Some $8 billion has fled bond and equity markets in developing countries over the past month and a half, according to the Institute of International Finance, a banking industry trade group. New York Times, "Emerging Markets Are Worrying Investors, Again," 23 May 2018 But Gillibrand wants Congress to force the Postal Service into the banking business — while easing that transition — by providing it with a mandate and seed money. Eric Levitz, Daily Intelligencer, "Democrats Have a Plan to Save the Post Office – and Kill Payday Lenders," 25 Apr. 2018 The sites are typically accessed using a special web browser that hides users’ identities, and using bitcoin allows buyers and sellers to step outside the regular banking system, where transactions are easily watched. Ian Duncan,, "Baltimore County man accused in $30 million dark web pain pill scheme," 23 June 2018 The second, less obvious, risk is that China will revert to a stodgily inefficient banking system. The Economist, "China has made progress in tackling financial risks," 14 June 2018 Per a Washington Post report, Cramer is upset that the president gave Heitkamp a shout-out and a handshake at the recent banking bill signing. Abby Gardner, Glamour, "Primary Takeaways: A Big Win for Democratic Women in Virginia and a Sexist Narrative in North Dakota," 13 June 2018 Both Cramer and Heitkamp were at the banking bill signing ceremony at the White House, though Heitkamp was the lone Democrat in the room. Veronica Stracqualursi, CNN, "Koch brothers group thanks Democratic senator facing tough reelection," 2 June 2018 But Sunday’s sanctions will primarily levy fines on Iran’s oil exports, as well as the country’s shipping and banking sectors — all incredibly important to Tehran’s economic health. Alex Ward, Vox, "The US will impose new sanctions on Iran next week," 2 Nov. 2018

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

19 Jan 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

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