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UK//bæŋks//US//bæŋks//

Meaning of Banks

Financial institutions that accept deposits and provide loans.

In simple words: Places where people keep or borrow money.

Banks in a sentence

  • I need to go to the banks to deposit my paycheck.
  • Many banks are offering lower interest rates on loans this year.
  • She works at one of the largest banks in the country.
  • The banks were closed for the national holiday.
  • There are several banks downtown where you can open an account.
  • Some banks have started using virtual services to enhance customer experience.

How to use Banks

Use 'banks' to refer to financial institutions. Avoid using it in slang contexts, where 'bank' might refer to a crime or drug context.

Grammar pattern

standalone noun

Memory hint

Think of a bank as a 'bank of money' where all your savings are kept safe.

Related words

Collocations with Banks

  • local banks
  • investment banks
  • bank services
  • big banks
  • commercial banks

Synonyms for Banks

  • financial institution
  • credit union
  • lender
  • moneylender

Opposites of Banks

Common mistakes with Banks

  • Confused with 'banking' as a profession vs. banks as institutions.
  • Using 'bank' in singular when discussing multiple banks.
  • Mixing up 'bank' with other financial terms like 'fund' or 'credit union'.

Banks appears in

Banks in other languages

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Frequently asked questions about Banks

What does Banks mean?

Places where people keep or borrow money.

What is the definition of Banks?

Financial institutions that accept deposits and provide loans.

How do you use Banks in a sentence?

I need to go to the banks to deposit my paycheck.

Can you give another example of Banks?

Many banks are offering lower interest rates on loans this year.

What are synonyms for Banks?

Common alternatives include financial institution, credit union, lender, moneylender.

What is the opposite of Banks?

Opposite meanings include withdrawal, debt.

What words go with Banks?

It commonly pairs with local banks, investment banks, bank services, big banks, commercial banks.

What are common mistakes when using Banks?

Confused with 'banking' as a profession vs. banks as institutions. Using 'bank' in singular when discussing multiple banks. Mixing up 'bank' with other financial terms like 'fund' or 'credit union'.

How do you pronounce Banks?

US: //bæŋks//, UK: //bæŋks//. Listen to the audio above to hear native pronunciation.

When should I use Banks?

Use 'banks' to refer to financial institutions. Avoid using it in slang contexts, where 'bank' might refer to a crime or drug context.