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Banking vs Economy - What's the difference?

banking | economy |

As nouns the difference between banking and economy

is that banking is the business of managing a bank while economy is effective management of the resources of a community or system.

As a verb banking

is .

As an adjective economy is

cheap to run; using minimal resources; representing good value for money.

banking

English

Noun

  • The business of managing a bank.
  • The occupation of managing or working in a bank.
  • *{{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
  • , title= Revenge of the nerds , passage=Think of banking today and the image is of grey-suited men in towering skyscrapers. Its future, however, is being shaped in converted warehouses and funky offices in San Francisco, New York and London, where bright young things in jeans and T-shirts huddle around laptops, sipping lattes or munching on free food.}}
  • (aviation) A horizontal turn.
  • * 1825 , Royal Society of Arts (Great Britain), Transactions of the Society Instituted at London for the Encouragement of Arts, Manufactures, and Commerce
  • Derived terms

    * e-banking

    Verb

    (head)
  • economy

    English

    Alternative forms

    *

    Noun

    (wikipedia economy) (economies)
  • Effective management of the resources of a community or system.
  • Collective focus of the study of money, currency and trade, and the efficient use of resources.
  • Frugal use of resources.
  • * Jonathan Swift
  • I have no other notion of economy than that it is the parent to liberty and ease.
  • The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
  • * {{quote-magazine, date=2013-08-31, volume=408, issue=8851, magazine=(The Economist)
  • , title= Horns of a trilemma , passage=An economy open to free movement of capital can keep a fixed exchange rate, for example, only by subjugating monetary-policy goals to its defence—by raising interest rates sharply, say, when capital outflows put downward pressure on the currency. Yet the trilemma also implies that an economy can enjoy both free capital flows and an independent monetary policy, so long as it gives up worrying about its exchange rate.}}
  • (theology) The method of divine government of the world.
  • (archaic) Management of one’s (l).
  • Derived terms

    * collaborative economy * command economy * economic * economical * economist * economize * market economy * peer-to-peer economy * planned economy * sharing economy

    Adjective

    (-)
  • Cheap to run; using minimal resources; representing good value for money.
  • "He bought an economy car."
    "Economy size".

    Anagrams

    *