The meaning & origin of bank

The English word 'Bank' came from the Italian word 'Bancab / Monte', French word ' Banque' & Garman word 'Banke' those mean  bench or long tool or money transactions table.

BANK

The organization which is engaged into money transaction, is called bank.

According to

F.E. Perry --  " Bank is establishment  which deals in money, receiving it on deposit."

Peter Rose --  "Bank is a financial inter intermediary accepting deposits & granting loans."

The Oxford English Dictionary -- "Bank is the shop, office or place of business of money dealer."

R.S. Sayers--  "Banks are institutions whose debts are commonly accepted in final settlement of other peoples debts."

Prof. Chambers --  "A bank is an office or institution for keeping, lending & exchanging etc. of money."

At last it is said any financial institutions which concerns to collect or deposit money and transactions , give loans , investment through various system for gaining profit, are known as bank.

BANKING

is the business of banker (any person carrying on  the business of banking), the keeping or management of a bank. More over banking is combination and accumulation of all the activities performed effectively & efficiently by the banker.