banking
UK: ˈbæŋkɪŋ | US: ˈbæŋkɪŋ
n. the business conducted or services offered by a bank
n. the activity of managing money, investments, or financial transactions
v. (gerund) the act of depositing or storing money in a bank
The word "banking" derives from the Italian banca (bench), referring to the benches medieval money lenders used in marketplaces. The suffix -ing transforms the noun "bank" into a term for the ongoing activity or profession. Over time, "banking" evolved from physical money exchange to encompass all financial services.
Modern banking relies heavily on digital technology.
She pursued a career in investment banking after graduation.
Online banking has made transactions more convenient.
The city is a global hub for commercial banking.
Banking regulations ensure financial system stability.