nonbanking
adjective
non·bank·ing
ˌnän-ˈbaŋ-kiŋ 
a
: not licensed as a bank but providing some of the financial services (such as loans or money transfers) that are usually offered by banks
Socks and stocks is the nickname for nonbanking companies like Sears that offer financial services.—
Time Magazine
Time Magazine
b
: not being or relating to the usual business of a bank or banker
… offered banks … an opportunity to expand into many nonbanking activities.—Tyrone Black and Donnie Daniel
Tyrone Black and Donnie DanielExamples of nonbanking in a Sentence
Recent Examples on the Web
Imagine the difficulty of starting a business in the nonbanking credit activity known as fintech—consumer or business lending using the internet.
—Peter J. Wallison, WSJ, 6 Dec. 2017
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Peter J. Wallison, WSJ, 6 Dec. 2017
Dictionary Entries Near nonbanking
Cite this Entry
“Nonbanking.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonbanking. Accessed 25 Nov. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share