Definition of Bank credit. Meaning of Bank credit. Synonyms of Bank credit

Here you will find one or more explanations in English for the word Bank credit. Also in the bottom left of the page several parts of wikipedia pages related to the word Bank credit and, of course, Bank credit synonyms and on the right images related to the word Bank credit.

Definition of Bank credit

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. 2. The building or office used for banking purposes. 3. A fund from deposits or contributions, to be used in transacting business; a joint stock or capital. [Obs.] Let it be no bank or common stock, but every man be master of his own money. --Bacon. 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. 5. In certain games, as dominos, a fund of pieces from which the players are allowed to draw. 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.
bank credit
Cash Cash, 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.] This bank is properly a general cash, where every man lodges his money. --Sir W. Temple. [pounds]20,000 are known to be in her cash. --Sir R. Winwood. 2. (Com.) (a) Ready money; especially, coin or specie; but also applied to bank notes, drafts, bonds, or any paper easily convertible into money. (b) Immediate or prompt payment in current funds; as, to sell goods for cash; to make a reduction in price for cash. Cash account (Bookkeeping), an account of money received, disbursed, and on hand. Cash boy, in large retail stores, a messenger who carries the money received by the salesman from customers to a cashier, and returns the proper change. [Colloq.] Cash credit, an account with a bank by which a person or house, having given security for repayment, draws at pleasure upon the bank to the extent of an amount agreed upon; -- called also bank credit and cash account. Cash sales, sales made for ready, money, in distinction from those on which credit is given; stocks sold, to be delivered on the day of transaction.

Meaning of Bank credit from wikipedia

- A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services, or withdraw cash, on credit. Using the card...
- Credit One Bank, N.A., headquartered in Las Vegas, Nevada, is a bank specializing in credit cards for borrowers with low credit scores. It is owned by...
- the creating of credit cards on behalf of banks around the world. Some other first bank-issued credit cards include Bank of America's Bank Americard in 1958...
- creating new money based on credit. The Bank of England originated the permanent issue of banknotes in 1695. The Royal Bank of Scotland established the...
- Credit Suisse Group AG (French pronunciation: [kʁe.di sɥis], lit. 'Swiss Credit') is a global investment bank and financial services firm founded and...
- Crédit Agricole Group (French: [kʁedi aɡʁikɔl]), sometimes called La banque verte (pronounced [la bɑ̃k vɛʁt], lit. 'The green bank', due to its historical...
- Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB), known as Crédit Agricole Indosuez from 1996 to 2004 and as Calyon from 2004 to 2010...
- The Bank of Credit and Commerce International (BCCI) was an international bank founded in 1972 by Agha Hasan Abedi, a ****stani financier. The bank was...
- Credit Europe Bank (CEB) is a Dutch-registered bank owned by the Turkish financial holding company FIBA Group. The bank is focused on corporate lending...
- This is a list of banks in Canada, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services...