Also called bank credit card. a card issued by a bank for credit or identification purposes, as for use in cashing checks or at an automated teller machine.
any plastic card issued by a bank, such as a cash card or cheque card
- Bank deposit
money placed in a bank against which the depositor can withdraw under prescribed conditions. Historical Examples For the same reasons a higher rate of interest is charged on a promissory note than on a bank deposit certificate. Distributive Justice John A. (John Augustine) Ryan Her bank deposit is her own, and her earnings can not […]
- Bank deposit insurance
the protection of bank deposits against the insolvency of banks in the U.S., up to a specified maximum per account that is revised periodically, under special insurance through the Federal Deposit Insurance Corporation.
- Bank discount
interest on a loan, deducted in advance from the face value of the note. noun interest on a loan deducted from the principal amount when the loan is made and based on the loan’s face value
- Bank draft
a draft drawn by one bank on another. Historical Examples It will save a lot of trouble if you will have the bank draft made out in my name. Doris Force at Locked Gates Julia K. Duncan bank draft—An order drawn by one bank on another for the purpose of paying money. Cyclopedia of Commerce, […]