banking system

Other forms: banking systems

Definitions of banking system
  1. noun
    banks collectively
    synonyms: banking industry
    see moresee less
    types:
    FCS, Farm Credit System
    a cooperative nationwide system of banks and associations providing credit to farmers and related businesses; originally capitalized by the federal government but now owned by its members and borrowers
    hawala
    an underground banking system based on trust whereby money can be made available internationally without actually moving it or leaving a record of the transaction
    type of:
    industry
    the people or companies engaged in a particular kind of commercial enterprise
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