nonbank

noun

non·​bank ˌnän-ˈbaŋk 

often attributive

: a business that is not an officially established bank but offers many similar services

Examples of nonbank in a Sentence

Recent Examples on the Web

This is where nonbank, private capital sources provide real value. —Chris Scharman, Forbes.com, 13 June 2025

Leverage Alternative Capital Sources Explore private capital or nonbank options that offer speed and flexibility without burdensome covenants. —Chris Scharman, Forbes.com, 13 June 2025

Looking at the financial system as a whole, including nonbanks such as money market mutual funds, the Fed calculates that runnable liabilities equaled about 80 percent of gross domestic product at the end of 2024. —Peter Coy, New York Times, 17 May 2025

And institutional lenders could get skittish, becoming less willing to lend to nonbanks, thus limiting fintechs’ growth. —Jeff Kauflin, Forbes.com, 8 Apr. 2025

Word History

First Known Use

1935, in the meaning defined above

Rhymes for nonbank

• gangplank
• outflank
• sandbank
• antitank
• interbank
• mountebank
• riverbank
• banc
• bank
• blank
• clank
• crank

Legal Definition

nonbank

adjective

non·​bank

ˌnän-ˈbaŋk

: being, done by, or involving some entity other than a bank

nonbank lenders

a nonbank depositor

nonbanking adjective