Definition of nonbanking
: not of, relating to, or being a bank or banking: such asa : 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 Magazineb : 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
First Known Use of nonbanking
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