Definition of nonbank
: a business that is not an officially established bank but offers many similar services
nonbankingplay \ˌnän-ˈbaŋ-kiŋ\ adjective
Recent Examples of nonbank from the Web
Today, that number has more than flipped: Nonbanks originate 73 percent of the loans, with banks' share dropping to 18 percent.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'nonbank'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of nonbank
Legal Definition of nonbank
: being, done by, or involving some entity other than a bank nonbank lenders a nonbank depositor
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