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Banking vs Underbanked - What's the difference?

banking | underbanked |

As a noun banking

is the business of managing a bank.

As a verb banking

is .

As an adjective underbanked is

having inadequate access to banking facilities.

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)

    • underbanked

    English

    Adjective

    (en adjective)
  • Having inadequate access to banking facilities.
  • *{{quote-news, year=2008, date=March 8, author=Liz Galst, title=Banks Springing Up to Serve the Underserved, work=New York Times citation
    • , passage=According to a 2004 report by the Federal Deposit Insurance Corporation, the “rapid growth of the underbanked Hispanic market suggests a new growth opportunity for many institutions.” }}

    Related terms

    * unbanked