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| ==Origin== | | ==Origin== |
− | [http://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English], from Middle French or Old Italian; Middle French banque, from Old Italian banca, [[literally]], bench, of Germanic origin; akin to [http://nordan.daynal.org/wiki/index.php?title=English#ca._600-1100.09THE_OLD_ENGLISH.2C_OR_ANGLO-SAXON_PERIOD Old English] benc | + | [https://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English], from Middle French or Old Italian; Middle French banque, from Old Italian banca, [[literally]], bench, of Germanic origin; akin to [https://nordan.daynal.org/wiki/index.php?title=English#ca._600-1100.09THE_OLD_ENGLISH.2C_OR_ANGLO-SAXON_PERIOD Old English] benc |
− | *[http://en.wikipedia.org/wiki/15th_century 15th Century] | + | *[https://en.wikipedia.org/wiki/15th_century 15th Century] |
| ==Definitions== | | ==Definitions== |
| :''Topography'' | | :''Topography'' |
| *1: a mound, pile, or ridge raised above the [[surrounding]] level: as a : a piled-up mass of cloud or [[fog]] | | *1: a mound, pile, or ridge raised above the [[surrounding]] level: as a : a piled-up mass of cloud or [[fog]] |
− | :b : an undersea elevation rising especially from the [http://en.wikipedia.org/wiki/Continental Shelf continental shelf] | + | :b : an undersea elevation rising especially from the [https://en.wikipedia.org/wiki/Continental Shelf continental shelf] |
| *2: the rising ground bordering a [[lake]], [[river]], or [[sea]] or forming the edge of a cut or hollow | | *2: the rising ground bordering a [[lake]], [[river]], or [[sea]] or forming the edge of a cut or hollow |
| *3a : a steep slope (as of a hill) | | *3a : a steep slope (as of a hill) |
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| A [[bank]] is a financial intermediary that accepts deposits and [[channels]] those deposits into lending [[activities]], either directly or through capital markets. A bank [[connects]] customers with capital deficits to customers with capital surpluses. | | A [[bank]] is a financial intermediary that accepts deposits and [[channels]] those deposits into lending [[activities]], either directly or through capital markets. A bank [[connects]] customers with capital deficits to customers with capital surpluses. |
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− | Banking is generally a highly regulated [[industry]], and [[government]] restrictions on financial activities by banks have varied over time and location. The current set of global bank capital [[standards]] are called [http://en.wikipedia.org/wiki/Basel_II Basel II]. In some countries such as Germany, banks have historically owned major stakes in industrial [[corporations]] while in other countries such as the United States banks are prohibited from owning non-financial companies. In Japan, banks are usually the nexus of a cross-share holding entity known as the [http://en.wikipedia.org/wiki/Keiretsu keiretsu]. In Iceland banks had very light regulation prior to the [http://en.wikipedia.org/wiki/2008%E2%80%932010_Icelandic_financial_crisis 2008 collapse]. | + | Banking is generally a highly regulated [[industry]], and [[government]] restrictions on financial activities by banks have varied over time and location. The current set of global bank capital [[standards]] are called [https://en.wikipedia.org/wiki/Basel_II Basel II]. In some countries such as Germany, banks have historically owned major stakes in industrial [[corporations]] while in other countries such as the United States banks are prohibited from owning non-financial companies. In Japan, banks are usually the nexus of a cross-share holding entity known as the [https://en.wikipedia.org/wiki/Keiretsu keiretsu]. In Iceland banks had very light regulation prior to the [https://en.wikipedia.org/wiki/2008%E2%80%932010_Icelandic_financial_crisis 2008 collapse]. |
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− | The oldest bank still in existence is [http://en.wikipedia.org/wiki/Monte_dei_Paschi_di_Siena Monte dei Paschi di Siena], headquartered in Siena, Italy, which has been operating continuously since 1472.[http://en.wikipedia.org/wiki/Bank] | + | The oldest bank still in existence is [https://en.wikipedia.org/wiki/Monte_dei_Paschi_di_Siena Monte dei Paschi di Siena], headquartered in Siena, Italy, which has been operating continuously since 1472.[https://en.wikipedia.org/wiki/Bank] |
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| [[Category: Economics]] | | [[Category: Economics]] |