bank on

bank 2   (bāngk)    n.   A business establishment in which money is kept for saving or commercial purposes or is invested, supplied for loans, or exchanged. The offices or building in which such an establishment is located. The funds of a gambling establishment. The funds held by a dealer or banker in some gambling games. The reserve pieces, cards, chips, or play money in some games, such as poker, from which the players may draw. A supply or stock for future or emergency use: a grain bank. Medicine A supply of human tissues or other materials, such as blood, skin, or sperm, held in reserve for future use. Games The funds of a gambling establishment. The funds held by a dealer or banker in some gambling games. The reserve pieces, cards, chips, or play money in some games, such as poker, from which the players may draw. A supply or stock for future or emergency use: a grain bank. Medicine A supply of human tissues or other materials, such as blood, skin, or sperm, held in reserve for future use. A supply or stock for future or emergency use: a grain bank. Medicine A supply of human tissues or other materials, such as blood, skin, or sperm, held in reserve for future use. A place of safekeeping or storage: a computer's memory bank. Obsolete A moneychanger's table or place of business. v.   banked, bank·ing, banks v.   tr. To deposit in or as if in a bank. v.   intr. To transact business with a bank or maintain a bank account. To operate a bank. Phrasal Verb(s): bank onTo have confidence in; rely on. [Middle English banke, from French banque, from Old Italian banca, bench, moneychanger's table, from Old High German banc.]

Main Entry: bank
Pronunciation: 'ba[ng]k
Function: noun
: an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds

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branch bank
: a banking facility that is a separate but dependent part of a chartered bank; especially : a facility that performs some banking functions and is separate from a main office

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bridge bank
: a national bank that is chartered for a limited time to operate an insolvent bank until it is sold

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central bank
: a national bank that establishes monetary and fiscal policy and controls the money supply and interest rate

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collecting bank
: a bank other than the payor bank that is handling for collection a negotiable instrument or a promise or order to pay money

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commercial bank
: a bank organized chiefly to handle the everyday financial transactions of businesses (as through deposit accounts and commercial loans)

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cooperative bank
: an association (as a credit union) owned by and offering banking services for its members; specifically : SAVINGS AND LOAN ASSOCIATION

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depositary bank
: the first bank to take a negotiable instrument or promise or order to pay money unless the instrument, promise, or order is presented for immediate payment over the counter

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federal land bank
: a land bank that is under federal charter and regulated by the Farm Credit Administration

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Federal Re·serve bank
: one of 12 central banks set up under the Federal Reserve Act to hold reserves for and extend credit to affiliated banks in their respective districts

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intermediary bank
: a bank other than the depositary or payor bank to which a negotiable instrument or promise or order to pay is transferred in the course of collection

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land bank
1 : a bank that provides financing for land development and farm mortgages esp. by issuing stock —see also FEDERAL LAND BANK in this entry
2 : a trust that holds land for purposes of preservation or conservation

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national bank
: a bank operating under federal charter and supervision

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nonbank bank
: a financial organization (as a branch of an out-of-state bank) that either accepts demand deposits or makes commercial loans

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payor bank
: a bank that is the drawee of a draft

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presenting bank
: a bank other than a payor bank that presents a negotiable instrument or promise or order to pay money

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sav·ings bank
: a bank organized to hold depositors' funds in interest-bearing accounts and to make long-term investments (as in home mortgage loans)

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state bank
: a bank operating under state charter and law —bank·er /'ba[ng]-k&r/ noun

Main Entry: bank
Pronunciation: 'ba[ng]k
Function: noun
: a place where something is held available bank>; especially : adepot for the collection and storage of a biological product of human origin for medical use bank> bank> —see BLOOD BANK

bank on

Rely on, count on. For example, You can bank on Molly's caterer to do a good job. This expression alludes to bank as a reliable storage place for money. [Late 1800s]