Banking Meaning
Banking Definition & Usage
The activity or industry of managing financial transactions, including loans, deposits, and investments, typically conducted by financial institutions like banks.
Examples
- "She works in banking and specializes in corporate loans."
- "After years in banking, he decided to start his own investment firm."
- "The banking sector has seen significant changes due to new technologies."
- "I need to visit the bank for some banking services like a mortgage application."
- "Many people are looking to diversify their banking services for better returns."
The services or operations performed by a bank, including saving, lending, and investment management.
Examples
- "I went to the bank to complete my banking transactions."
- "My banking experience has been excellent, with quick responses to my queries."
- "You can use online banking to check your balance or transfer money."
- "He opened a new account to make use of the bank's full banking services."
- "Many people still prefer traditional banking over digital options."
To move or glide in a specific way while performing a maneuver, especially when referring to the movement of an aircraft or a boat.
Examples
- "The pilot was banking to the left to avoid the storm clouds."
- "The ship was banking into the wind as the crew prepared to drop anchor."
- "The race car was banking into the sharp turn to maintain speed."
- "Banking at high speeds in a plane can be a thrilling experience."
- "During the flight, the plane began banking sharply to the right."
Cultural Context
Banking has evolved over centuries, originating from early financial institutions and now encompassing digital platforms. The rise of online banking and mobile apps has drastically changed the way people engage with their finances.
The Flight of Financial Dreams
Story
The Flight of Financial Dreams
As Sarah sat in the bank’s sleek, modern office, her mind wandered. She’d been in banking for over a decade now, starting from the ground up as a teller to her current role as a corporate loan manager. Today, however, was different. She was preparing for a meeting that could change the trajectory of her career—a high-stakes meeting with a group of investors who were eager to dive into a new venture. Across the room, she saw James, an old friend from her early days at the bank. James had recently made the leap from banking to starting his own investment firm. He waved, and she walked over to greet him. As they chatted about their different paths, James shared his excitement about how digital banking was revolutionizing the way people approached finances. 'You can do everything from your phone now,' he said. 'It’s the future of banking.' Sarah smiled but remained focused on her task. She had a different view on the matter. 'The future of banking,' she thought, 'is a blend of tradition and technology. People still want the personal touch, but they want convenience too.' Later that day, Sarah was on a plane, banking to the left to avoid an incoming storm. As the aircraft tilted smoothly, she was reminded that, much like aviation, banking required a steady hand and calculated maneuvers. One wrong move, and the consequences could be disastrous. Whether in finance or in the sky, one had to know when to make the right turn. As the plane soared above the clouds, Sarah smiled. She had the confidence to navigate the challenges of both the financial and physical worlds. Her phone buzzed. A message from her assistant: 'The investors are on their way. Are you ready to take your career to the next level?' Sarah took a deep breath. She was ready.
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