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Banking is one of the key drivers of the U.S. economy. Banking provides a safe place to save excess cash, known as deposits. It also supplies liquidity to the economy by loaning this money out to help businesses grow and to allow consumers to purchase homes, cars and consumer products. Banks primarily make money by charging higher Answers.com on their Answers.comthan they pay for deposits.
Wiki User
∙ 13y ago
Wiki User
∙ 10y ago'Banked' means to make a lot of money
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It can have several meanings. A road surface tilted (usually on curves) is banked. Bouncing a pool ball off the cushions of the table is banked. An airplane that tilts while turning is banked. Money that is removed from transactions, and placed in safe keeping is banked. A fire that is partially covered to burn slower and longer is banked.
It has at least two meanings. The first is to place soil or fill so that is in a slanted pile. The second is to deposit money into a bank.
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What do you mean by clearance in banking terms?
what do you mean by clearance in banking
What does WDL mean in banking?
Withdrawl
What does non derogatory mean in terms of banking?
non derogatory in banking means that an account is ok
What does lox mean in banking industry?
Letter of explanation
What does DR mean in banking terminology?
Debit the receiver
What do you mean by clearance in banking terms?
what do you mean by clearance in banking
What does Bank charges mean?
what does banking charges mean
What do you call net banking in Hindi?
net banking mean in hindi khales benkari.
What does WDL mean in banking?
Withdrawl
What does non derogatory mean in terms of banking?
non derogatory in banking means that an account is ok
Does BNF mean international banking?
yes
What does CL mean in banking?
Classcified Loan
What is an LE in business?
LE can mean many things. for ex in Investment banking LE can mean Legal Entity. In case of retail banking it can mean Loan Equivalent and so on.
How will computers are useful in banking?
Do you mean how will computers be important in banking ? Because that doiesent make much sense
What does INET on a bank statement mean?
Transaction via internet Banking
What is the meaning of the idiomatic phrase you are banking on that?
When a person is "banking on" something, it mean that they are depending on it to happen, and are fairly confident that it will happen.
What does less cash received mean on a banking deposit slip?
The amount out of the check that you are receiving in cash.
