Bank credit
Bank Bank, n. [F. banque, It. banca, orig. bench, table, counter, of German origin, and akin to E. bench; cf. G. bank bench, OHG. banch. See {Bench}, and cf. {Banco}, {Beach}.] 1. An establishment for the custody, loan, exchange, or issue, of money, and for facilitating the transmission of funds by drafts or bills of exchange; an institution incorporated for performing one or more of such functions, or the stockholders (or their representatives, the directors), acting in their corporate capacity. [1913 Webster]

2. The building or office used for banking purposes. [1913 Webster]

3. A fund to be used in transacting business, especially a joint stock or capital. [1913 Webster]

Let it be no bank or common stock, but every man be master of his own money. --Bacon. [1913 Webster]

4. (Gaming) The sum of money or the checks which the dealer or banker has as a fund, from which to draw his stakes and pay his losses. [1913 Webster]

5. In certain games, as dominos, a fund of pieces from which the players are allowed to draw; in Monopoly, the fund of money used to pay bonuses due to the players, or to which they pay fines. [1913 Webster +PJC]

6. a place where something is stored and held available for future use; specifically, an organization that stores biological products for medical needs; as, a blood bank, an organ bank, a sperm bank. [PJC]

{Bank credit}, a credit by which a person who has given the required security to a bank has liberty to draw to a certain extent agreed upon.

{Bank of deposit}, a bank which receives money for safe keeping.

{Bank of issue}, a bank which issues its own notes payable to bearer. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • bank credit — ➔ credit1 * * * bank credit UK US noun [U or C] BANKING, FINANCE ► money that banks have lent or have available to lend: »The average growth rate in commercial bank credit has been higher than in the private sector. ► money that a bank lends to a …   Financial and business terms

  • Bank credit — Credit Cred it (kr[e^]d [i^]t), n. [F. cr[ e]dit (cf. It. credito), L. creditum loan, prop. neut. of creditus, p. p. of credere to trust, loan, believe. See {Creed}.] 1. Reliance on the truth of something said or done; belief; faith; trust;… …   The Collaborative International Dictionary of English

  • bank credit — Cash Cash (k[a^]sh), n. [F. caisse case, box, cash box, cash. See {Case} a box.] A place where money is kept, or where it is deposited and paid out; a money box. [Obs.] [1913 Webster] This bank is properly a general cash, where every man lodges… …   The Collaborative International Dictionary of English

  • Bank Credit — The amount of credit available to a company or individual from the banking system. It is the aggregate of the amount of funds financial institutions are willing to provide to an individual or organization. A company or individual s bank credit… …   Investment dictionary

  • bank credit — amount of money a bank will lend to a customer on credit …   English contemporary dictionary

  • bank credit — The rating of a borrower at a particular bank as to the maximum loan to be made to him and the maximum amount of his drawings upon the bank in the aggregate which will be accepted …   Ballentine's law dictionary

  • bank credit — / bæŋk ˌkredɪt/ noun loans or overdrafts from a bank to a customer …   Marketing dictionary in english

  • bank credit — / bæŋk ˌkredɪt/ noun loans or overdrafts from a bank to a customer …   Dictionary of banking and finance

  • bank (credit) line — bank ( credit) line bank ( credit) line ➔ credit line …   Financial and business terms

  • Fürstlich Castell'sche Bank, Credit-Casse AG — Fürstlich Castell sche Bank Rechtsform Familien Aktiengesellschaft Bankleitzahl 790 300 01 Gründung 1774 Unternehmenssitz Castell bzw. Würzburg …   Deutsch Wikipedia

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