A1noun1K

Bank

UK /["/bæŋk/"]/US /["/bæŋk/"]/

Definition

an organization that provides various financial services, for example keeping or lending money

In simple words: A place where people keep money and other valuables.

Examples

  • I went to the bank to deposit my paycheck.
  • The bank offers various financial services.
  • He decided to take a loan from the bank to buy a car.
  • I need to find a bank that is open on Sundays.
  • The river bank was crowded with people enjoying the sun.
  • We sat on the bank of the river for a picnic.
  • The children ran along the bank, playing by the water.

Usage notes

Used in everyday conversation to refer to financial institutions. 'Bank' is formal when discussing finance but can be neutral when used casually. Avoid in highly technical discussions about finance.

Grammar pattern

bank + object

Memory hint

Think of a 'bank' as a safe 'bank of money'.

Collocations

  • huge
  • vast
  • cloud
  • bank of
  • huge
  • vast
  • cloud
  • bank of

Synonyms

  • financial institution
  • lender
  • credit union
  • savings institution
  • monetary establishment

Antonyms

  • withdraw
  • deplete

Common mistakes

  • Confused with 'bank' as a verb meaning to rely on something.
  • Using 'bank' when referring to the physical land beside a river instead of the financial institution.
  • Forgetting to include the type of bank, like 'commercial bank' or 'savings bank'.