Used in a sentence: You can always bank on Joe to help when no one else will.The acorn fell off the tree and banked off of my windshield.īank is also used in the phrase bank on, which means to expect, depend on, or count on something to happen or someone to do something.Sarah banked the crumpled ball of paper off the cabinet and into the trash can.In basketball, a bank shot is a shot that the player banks off of the backboard instead of shooting the ball directly into the hoop. This can happen with or without someone doing the banking. Used in a sentence: Be careful when you walk along the banks of the river-it’s very muddy and slippery.Īs a verb, bank means to bounce or ricochet off of something, such as after falling or being thrown.A snowbank is a big pile of snow that can pile up naturally or can be created by a shovel or snowplow. Real-life examples: A riverbank is one of the two slopes bordering a river-the land that contains the river on each side.The noun bank is also used to refer to a long mound or slope. Used in a sentence: I need to stop at the bank to get some money from my checking account.Federal Reserve notes, in the United States. Today, only the Federal Reserve Banks are authorized to issue bank notes, i.e. Notes are, in effect a promise to pay the bearer on demand the amount stated on the face of the note. Examples of banks based in other countries include HSBC, Mitsubishi UFJ Financial Group, and Bank of China. Bank note is a term used synonymously with paper money or currency issued by a bank. Real-life examples: In the United States, major banks include Bank of America, JPMorgan Chase, Wells Fargo, and Citibank. A banknote is a bill that can be used as legal tender and/or exchanged for the value denoted by the bill.This kind of business is called banking, and a person who works in this business is called a banker. Physical buildings where these services are offered are called banks, and the companies that own and operate these institutions are also called banks. Banks often offer many other money-related services such as lending money, sending money to other people, exchanging large bills for smaller bills, and providing credit cards. The word bank is very common and has several other senses, as both a noun and a verb.Ī bank is an institution that allows people to deposit money into an account (called a bank account) for safekeeping. Bank is also used as a verb meaning to bounce off of something. Send us feedback about these examples.The word bank is used as a noun to refer to a place where people deposit money or to a long mound or slope, like a riverbank. These examples are programmatically compiled from various online sources to illustrate current usage of the word 'banknote.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Carlos Mureithi, The Christian Science Monitor, 24 Feb. 2023 In recent weeks, a sudden change to new banknotes has caused a massive shortage of cash, preventing people from buying basics such as food, water, and bus fares. 2023 Citizens were asked to turn in their old banknotes but have since struggled to get their hands on the new versions, sparking long lines outside banks nationwide and violent protests in some areas. Bank note legal definition of Bank note Bank note Also found in: Dictionary, Thesaurus, Financial, Acronyms, Encyclopedia. 1 To understand senior notes, you need to understand the basics of corporate bonds. In its role as a financial intermediary, a bank accepts deposits and makes loans. A senior note is a type of corporate bond that gives the bondholder a higher priority claim on a company’s assets and cash flows in bankruptcy than a bondholder who owns a junior note. 2023 In his address last month, Buhari disclosed that around 80% of those funds had been returned to the banks since the unveiling of the new banknotes in November. bank, an institution that deals in money and its substitutes and provides other money-related services. 2023 The new banknote will take a number of years to be designed and printed. 2023 Meanwhile, the current $5 bill will continue to be circulated and remain legal tender even after the introduction of the new banknote, according to the RBA. 2023 He is now faced with the task of making Nigeria a better place to live in, first by tackling the chronic cash crisis in the country after the introduction of new banknotes. Recent Examples on the Web De La Rue, which is printing new banknotes featuring King Charles III that are expected to be in circulation next year, also supplies tax stamps, bank checks, and ID security components.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |