What's the difference between bank and unbank?

Bank


Definition:

  • (n.) A bench; a high seat, or seat of distinction or judgment; a tribunal or court.
  • (n.) A mound, pile, or ridge of earth, raised above the surrounding level; hence, anything shaped like a mound or ridge of earth; as, a bank of clouds; a bank of snow.
  • (n.) A steep acclivity, as the slope of a hill, or the side of a ravine.
  • (n.) The margin of a watercourse; the rising ground bordering a lake, river, or sea, or forming the edge of a cutting, or other hollow.
  • (n.) An elevation, or rising ground, under the sea; a shoal, shelf, or shallow; as, the banks of Newfoundland.
  • (n.) The face of the coal at which miners are working.
  • (n.) A deposit of ore or coal, worked by excavations above water level.
  • (n.) The ground at the top of a shaft; as, ores are brought to bank.
  • (v. t.) To raise a mound or dike about; to inclose, defend, or fortify with a bank; to embank.
  • (v. t.) To heap or pile up; as, to bank sand.
  • (v. t.) To pass by the banks of.
  • (n.) A bench, as for rowers in a galley; also, a tier of oars.
  • (n.) The bench or seat upon which the judges sit.
  • (n.) The regular term of a court of law, or the full court sitting to hear arguments upon questions of law, as distinguished from a sitting at Nisi Prius, or a court held for jury trials. See Banc.
  • (n.) A sort of table used by printers.
  • (n.) A bench, or row of keys belonging to a keyboard, as in an organ.
  • (n.) 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.
  • (n.) The building or office used for banking purposes.
  • (n.) A fund from deposits or contributions, to be used in transacting business; a joint stock or capital.
  • (n.) 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.
  • (n.) In certain games, as dominos, a fund of pieces from which the players are allowed to draw.
  • (v. t.) To deposit in a bank.
  • (v. i.) To keep a bank; to carry on the business of a banker.
  • (v. i.) To deposit money in a bank; to have an account with a banker.

Example Sentences:

  • (1) The bank tellers who saw their positions filled by male superiors took special pleasure in going to the bank and keeping them busy.
  • (2) Issues such as healthcare and the NHS, food banks, energy and the general cost of living were conspicuous by their absence.
  • (3) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (4) The new Somali government has enthusiastically embraced the new deal and created a taskforce, bringing together the government, lead donors (the US, UK, EU, Norway and Denmark), the World Bank and civil society.
  • (5) In documents due to be published by the bank, it will signal a need to shed costs from a business that employs 10,000 people as it scrambles to return to profit.
  • (6) Madrid now hopes that a growing clamour for future rescues of Europe's banks to be done directly, without money going via governments, may still allow it to avoid accepting loans that would add to an already fast-growing national debt.
  • (7) One would expect banks to interpret this in a common sense and straightforward way without trying to circumvent it."
  • (8) According to the national bank, four Russian banks were operating in Crimea as of the end of April, but only one of them, Rossiisky National Commercial Bank, was widely represented, with 116 branches in the region.
  • (9) The key warning from the Fed chair A summary of Bernanke's hearing Earlier... MPs in London quizzed the Bank of England on Libor.
  • (10) According to the OFT, banks receive up to £3.5bn a year in unauthorised overdraft fees - nearly £10m a day.
  • (11) The process of integrating the two banks is expected to take three years, with predictions that up to 25,000 roles could eventually be eliminated.
  • (12) October 23, 2013 3.55pm BST Another reason to be concerned about the global economy - Canada's central bank has slashed its economic forecasts for the US.
  • (13) The M&S Current Account, which has no monthly fee, is available from 15 May and is offering people the chance to bank and shop under one roof.
  • (14) Herman Van Rompuy, the European Council president chairing the summit, hoped to finesse an overall agreement on the banking supervisor.
  • (15) However, the City focused on the improvement in the fortunes of its Irish business, Ulster bank, and its new mini bad bank which led to a 1.8% rise in the shares to 368p.
  • (16) The central part of the system is the patient-orientated data bank.
  • (17) Compared to the data produced by the Lipid Research Clinics (USA), coronary risk appeared higher for all the surveyed factors in the Italian general population, and particularly in bank employees.
  • (18) Off The Hook has facilities of up to £30,000 from the bank, a signatory to the Project Merlin agreement.
  • (19) The government did not spell out the need for private holders of bank debt to take any losses – known as haircuts – under its plans but many analysts believe that this position is untenable.
  • (20) A DNA sequencing of 139 bp at the 3' end of these clones and a search of the data bank revealed that the sequence was identical to the parallel domain in the human H19 gene.

Unbank


Definition:

  • (v. t.) To remove a bank from; to open by, or as if by, the removal of a bank.

Example Sentences:

  • (1) Yet, these stats fail to account for the country’s massive unbanked population that utilise informal financial services, notably mobile money.
  • (2) It’s just about getting the right infrastructure in place to allow people to do that.” From unbanked to crypto-banker Remittances mark perhaps the most obvious and immediate market opportunity.
  • (3) He isn’t worried that most of the world’s unbanked aren’t ‘digital natives’.
  • (4) Designed to reach the 700 million unbanked Indians, any interested organisation must commit to setting up at least 25% of its physical access points in rural communities.
  • (5) It is estimated that over 30% of the Kenyan GDP is circulating on the back of mobile platforms like M-pesa , putting effective financial services into the hands of the previously unbanked.
  • (6) Indian regulators are very careful, so they move slowly, taking one step at time,” he says, “but, payment banks, I think, will be able to lend down the road.” While payment banks sound like an ideal solution to India’s struggling mobile money industry and huge unbanked population, the Indian Banks Association has protested against the concept, arguing that it will be hard for payment banks to make money (and be viable) without lending.
  • (7) Workers in the informal economy around the world - in pictures Read more Interestingly, 2.5 billion people remain outside the formal financial system, yet we must recognise that these “unbanked” are not a homogeneous group and their financial needs and capabilities vary.
  • (8) New technology, delivery channels, and financial innovation all offer the possibility of safer alternatives to saving under the mattress to unbanked people around the world.
  • (9) One example is M-Pesa , a mobile-phone based payments network serving millions of ‘unbanked’ in Kenya.
  • (10) Technology is certainly not a silver bullet to ending global poverty, and there have been obvious challenges in using it to reach the unbanked.
  • (11) And most of the unbanked population doesn’t have access to either”, Cockerton concedes.
  • (12) We hope that this new round of expanded and updated Findex data helps policymakers and practitioners work together to develop strategies to provide the unbanked with a range of affordable, accessible and appropriate financial services.
  • (13) The demand among the world’s unbanked is there, insists Jan Skoyles, chief executive of The Real Asset Company, an online gold-trading platform.
  • (14) Carmichael is unbankable.” Approval for Adani's Carmichael coalmine overturned by federal court Read more Adani has insisted it would press on with the Carmichael project, despite being frustrated in its attempts to progress a project now in its fifth year without any mined coal.
  • (15) Elise followed an appeal on Russell's own website which had engendered a dozen answers: "Unbankable film director Ken Russell seeks soulmate.
  • (16) These “chicken parties” not only attest to the resourcefulness of unbanked people around the world, but also draws attention to the importance of informal networks for those outside the formal financial system.
  • (17) In sub-Saharan Africa , on average, the majority of adults that save informally are also unbanked and might have nowhere else to put their savings.
  • (18) But for the effort that will take to ensure billions of Indians are no longer unbanked, it would seem wise, prudent even, to simultaneously develop the infrastructure that will also facilitate mobile banking.
  • (19) Tim Buckley at the Institute for Energy Economics and Financial Analysis said Adani’s scaled-down plans remained “unbankable” for a company that held US$2.6bn net debt beside a market capitalisation of just US$1.2bn.

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