Pronunciation

/bæŋk/

Definitions

• Noun:
  1. A financial institution where people deposit and withdraw money, usually with the help of a bank teller or online banking services.
  2. A row of compartments in a vault or container for storing valuables, cash, or documents.
  3. (figuratively) A collection of similar items, resources, or ideas stored or organized together; a reserve.
• Verb:
  1. To deposit money in a bank account.
  2. To request or withdraw funds from a bank.
  3. To arrange or place items in a systematic manner, often metaphorically.

Phrases

• “Bank transfer” refers to the electronic movement of funds between accounts.
• “Bank holiday” is a day when banks and other financial institutions are closed.
• “Bank on it” means to rely on something happening or being true.

Example Sentences

• Noun: “I need to go to the bank to deposit my paycheck.”
• Verb: “She decided to bank her savings for a rainy day.”
• Metaphorical Usage: “The company’s marketing team is working hard to bank new customers.”

Synonyms

• Savings account
• Vault
• Depository
• Financial institution
• Fund
• Repository
• Cash reserve
• Account (in the context of finance)