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
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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
Payment app regulations watch now The CFPB had also moved to require that nonbank firms offering financial services like payments and wallet apps follow the same regulations as banks.
—Stephanie Dhue, CNBC, 29 Apr. 2025
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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
Payment app regulations watch now The CFPB had also moved to require that nonbank firms offering financial services like payments and wallet apps follow the same regulations as banks.
—Stephanie Dhue, CNBC, 29 Apr. 2025
See All Example Sentences for nonbank
Cite this Entry
“Nonbank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonbank. Accessed 6 Jul. 2025.
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