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Definition and meaning of English word "bank"

bank

/bæŋk/

Meaning

Noun

An institution where one can place and borrow money and take care of financial affairs.

Reviewed by the TheLernen language teamDefinition sourced from Wiktionary (CC BY-SA 4.0)

How to use

In formal settings, such as business meetings or financial transactions, the word 'bank' is often used in the phrase 'to bank on something', meaning to rely heavily on a particular outcome or situation. However, this usage is often confused with the phrase 'to bank something', which means to deposit or store something, such as money or data. For example, 'The company will bank on the new market trend to increase sales.' is grammatically correct, but 'The company will bank the new market trend' is incorrect.

🇬🇧 English

bank

Example

I go to bank

Bank is open

Your personal vocabulary

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Synonyms

a place where money is kept or borroweda cooperative financial institutiona person or business that lends money

Common phrases

  • bank accounta record of financial transactions
  • bank managera person responsible for managing a bank
  • bank statementa document showing financial transactions

This concept in other languages

Frequency rank: #291 in English

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Frequently Asked Questions

What does the English word "bank" mean?

The English word "bank" means "bank" in English.

How do you pronounce the English word "bank"?

You can hear the correct audio pronunciation of the word "bank" by clicking the play button next to the word at the top of this page.

Can I see an example sentence with "bank"?

Yes, here is a practical example: "Financial institution" (which translates as "bank").

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