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

At question were consumer loans that nonbank lenders were issuing through banks chartered in other states with no caps or very high caps on interest rates. —Aldo Svaldi, Denver Post, 16 Nov. 2025

Baring’s business tries to generate between 3 and 6 percentage points of return above traditional nonbank lending, but Searles maintains that doesn’t come with extra risk. —Liz Hoffman, semafor.com, 28 Oct. 2025

Currently, bonds and stocks account for just 31 percent of all the funds available from both bank and nonbank sources in China—less than half that available from equivalent sources in the United States. —Lizzi C. Lee, Foreign Affairs, 21 Oct. 2025

Private credit loans are typically given out by nonbank lenders such as alternative asset managers, private equity firms, and pension funds. —Emma Burleigh, Fortune, 20 Oct. 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