banking

noun
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 In his role in banking, he is often tasked with conducting due diligence on investors and investment schemes. courant.com, "Community News For The West Hartford Edition," 14 May 2021 Jaramillo worked in health care investment banking for eight years before moving to the medical device industry, where his experience includes serving as chief executive of a med-tech company and in prominent roles at Medtronic and St. Jude Medical. Todd Nelson, Star Tribune, "Nuwellis CEO leads heart failure technology company into new sectors," 2 May 2021 Pickerill and John Harris, who both have a background in investment banking, persuaded officials in Jefferson City to create it in 2011. Jeremy Kohler, ProPublica, "State-Supported “Clean Energy” Loans Are Putting Borrowers At Risk of Losing Their Homes," 23 Apr. 2021 Despite an otherwise strong underlying Q1 performance in investment banking led by a surge in underwriting, Credit Suisse initiated a strategic review with the aim of slimming the division’s leverage and assets. Christiaan Hetzner, Fortune, "‘Unacceptable’: Credit Suisse reveals further mega losses from the disastrous Archegos trade," 22 Apr. 2021 After a stint in oil and gas investment banking in Houston in the 1990s, Dikeman migrated to Silicon Valley in the runup to the dot-com boom and joined a firm that backed Yellowpages.com. Bloomberg Wire, Dallas News, "Venture capitalists see the post-oil world running through an unlikely epicenter: Houston," 13 Apr. 2021 The 27-year-old Detroiter learned how to do these things herself after spending 12 years in banking. Chanel Stitt, Detroit Free Press, "Detroit entrepreneur: 5 things you should do to prepare to open a small business," 10 Apr. 2021 As the 2008 financial crisis made clear, costs in banking can come long after profits are booked and celebrated. Rochelle Toplensky, WSJ, "Unraveling Archegos Fund Shows Risks of Investment Banking," 29 Mar. 2021 In banking and finance, for such jobs as actuaries and loan underwriters, remote-work postings surged from 4% to nearly 16%. Tom Krisher, chicagotribune.com, "Ford Motor Co. tells 30,000 employees they can work from home indefinitely," 17 Mar. 2021

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

17 May 2021

Cite this Entry

“Banking.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/banking. Accessed 18 May. 2021.

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More Definitions for banking

banking

noun

English Language Learners Definition of banking

: the business of operating a bank

banking

noun
bank·​ing | \ ˈbaŋ-kiŋ \

Kids Definition of banking

: the business of a bank or banker

banking

noun
bank·​ing | \ ˈbaŋ-kiŋ \

Legal Definition of banking

: the business of a bank or banker

Comments on banking

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