Bank of deposit
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 of deposit — Deposit De*pos it, n. [L. depositum, fr. depositus, p. p. of deponere: cf. F. d[ e]p[^o]t, OF. depost. See {Deposit}, v. t., and cf. {Depot}.] 1. That which is deposited, or laid or thrown down; as, a deposit in a flue; especially, matter… …   The Collaborative International Dictionary of English

  • bank of deposit — Etymology: bank (IV) : a bank that receives money for safekeeping …   Useful english dictionary

  • Bank of issue — 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… …   The Collaborative International Dictionary of English

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