InvestorWords.com
banking
Definition
In general terms, the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.
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Featured Tip
5 Reasons to Keep Banking Costs DownKeep banking costs down. With planning, you can sidestep some of the more costly fees and penalties. Examples:
1. With credit cards, try to pay the card balance in full each month to avoid intere ... Read more
1. With credit cards, try to pay the card balance in full each month to avoid intere ... Read more
Additional Tip(s)
- How to Build a "Rainy-Day" Fund
- Counseling Services Helping You with Serious Debt Problems
- Colossal Mergers and Acquisitions
- Buying into Banking Stocks
- Bring Your Credit Problems to Your Creditor's Attention
- Comparing Banks to Standing Armies
- Make Sure You Meet Your Broker's Minimum
- Questions to Ask Before Purchasing a CD
- Confidentiality of Off-Shore Banks
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