A legal dictionary contains the definitions of legal terms taken from a variety of sources.
They are the first place you should look when you do not understand what a legal term means..
People deposit their money in banks; the bank lends the money out in car loans, credit cards, mortgages, and business loans.
The loan recipients spend the money they borrow, the bank earns interest on the loans, and the process keeps money moving through the system..
There are several different meanings of the word bank.
Besides the ones connected with money — like a savings bank or a piggy bank — a bank is also a slope of grass or earth, such as a river bank..
Bank Rate - This is the rate of interest that the RBI levies on banks if they wish to borrow money.
Basis Point - This is one hundredth of a percentage.
This is usually used to indicate change in interest rates.
Capital Gain - This is a profit or gain attained by a bank by sale of investments or properties..
A legal dictionary contains the definitions of legal terms taken from a variety of sources.
They are the first place you should look when you do not understand what a legal term means.
The two most commonly used legal dictionaries are Black's Law Dictionary and Ballentine's Law Dictionary..
The correct option is C The Banking Regulation Act, 1949.
As per Section 5(b) of the Banking Regulation Act, 1949 , “banking” means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdraw-able by cheque, draft, order or otherwise..
The word bank is derived from the Italian word Banco or from a French word Banque, which means a bench or money exchange table.
Q.
The word 'bank' is derived from the French word 'banque', which means a bench or a money exchange table..
According to French writer Revilpot banks and bank notes were in existence in Baby loan in 600 B.C.
But the term bank was used only after the establishment of bank of vanish in Italy in 1157 A.D.
There are various opinions about the origin of bank..
Banks in the U S are regulated by a number of federal and state agencies, depending primarily on how they are chartered
Periodically the bank provides a statement of a customer's deposit account
It shows all deposits made, all checks paid, and other debits posted during the period (usually one month), as well as the current balance
A business day during which an office of a bank is open to the public for substantially all of its banking functions
26 U S Code § 581 - Definition of bank
For purposes of sections 582 and 584, the term “ bank ” means a bank or trust company incorporated and doing business under the laws of the United States (including :,laws relating to the District of Columbia) or of any State, a substantial part of the business of which consists
Securities law in the US
Securities law in the US
