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Term of the Day
bank on
virtual credit card
confirmed irrevocable letter of credit
Definition
phrasal verb
to feel sure that something will happen
Examples
He is
banking
on getting a
loan
from his father to
set up
in
business
. • Do not
bank
on the
sale
of your
house
.
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Popular 'Banking' Terms
negotiable
letter of credit
bank draft
bank
commercial bank
account
overdraft protection
compound interest
overdraft
lockbox
Related Terms
country limit
bank return
unpaid cheque
virtual credit card
confirmed irrevocable letter of credit
agio
uncollected funds
banker's check
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