English Reference
noun

banking

n.
US /ˈbæŋkɪŋ/ UK /bˈæŋkɪŋ/ bank·ing UK spelling bankings

  1. 01 B1 Intermediate

    the business of keeping, lending, and managing money in banks.

    the business activity of banks and other financial institutions, including the provision of credit and the management of deposits.

    Simple

    She decided to pursue a career in banking after finishing her degree.

    In context

    The global banking sector faced significant regulatory changes following the financial crisis to ensure greater stability in the markets.

    financefinancial services
  2. 02 B2 Upper Intermediate

    the work of helping large companies and governments raise money.

    a specific branch of the financial industry focused on capital raising, mergers, and acquisitions for corporations and governments.

    Simple

    He works in investment banking and spends most of his time in London.

    In context

    The firm's banking division reported record profits due to a surge in corporate mergers during the final quarter.

    investment banking
  3. 03 C1 Advanced Technical Science

    the way a plane or vehicle tilts to one side when it turns.

    the lateral tilting of an aircraft or vehicle during a turn to counteract centrifugal force.

    Simple

    The pilot adjusted the banking of the plane to make a smooth turn.

    In context

    Proper banking is essential in high-speed railway design to ensure passenger comfort and maintain structural integrity during sharp curves.

This entry
Level B1 · Intermediate
Frequency Common
Updated