nonbanking

adjective

non·​bank·​ing ˌnän-ˈbaŋ-kiŋ How to pronounce nonbanking (audio)
: not of, relating to, or being a bank or banking: such as
a
: not licensed as a bank but providing some of the financial services (such as loans or money transfers) that are usually offered by banks
Socks and stocks is the nickname for nonbanking companies like Sears that offer financial services. Time Magazine
b
: not being or relating to the usual business of a bank or banker
… offered banks … an opportunity to expand into many nonbanking activities. Tyrone Black and Donnie Daniel

Example Sentences

Recent Examples on the Web Imagine the difficulty of starting a business in the nonbanking credit activity known as fintech—consumer or business lending using the internet. Peter J. Wallison, WSJ, 6 Dec. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'nonbanking.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Word History

First Known Use

1940, in the meaning defined above

Time Traveler
The first known use of nonbanking was in 1940

Dictionary Entries Near nonbanking

Cite this Entry

“Nonbanking.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonbanking. Accessed 6 Dec. 2022.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!


Odd Habits and Quirks

  • image1926873504
  • Which of the following best describes an easily irritated person?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Universal Daily Crossword

A daily challenge for crossword fanatics.

TAKE THE QUIZ