banking concern

Questions about banking concern

What does banking concern mean?

banking concern means "a financial institution that accepts deposits and channels the money into lending activities".

What is another word for banking concern?

Close synonyms include depository financial institution, bank, banking company. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is banking concern a common word?

banking concern is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.