Bank vs Insurance - What's the difference?
bank | insurance |
An institution where one can place and borrow money and take care of financial affairs.
* {{quote-magazine, date=2013-06-01, volume=407, issue=8838, page=71, magazine=(The Economist)
, title= A branch office of such an institution.
An underwriter or controller of a card game; also banque .
A fund from deposits or contributions, to be used in transacting business; a joint stock or capital.
* Francis Bacon
(gambling) The sum of money etc. which the dealer or banker has as a fund from which to draw stakes and pay losses.
In certain games, such as dominos, a fund of pieces from which the players are allowed to draw.
A safe and guaranteed place of storage for and retrieval of important items or goods.
A device used to store coins or currency.
To deal with a bank or financial institution.
To put into a bank .
(hydrology) An edge of river, lake, or other watercourse.
* Shakespeare
* 2014 , Ian Jack, "
(nautical, hydrology) An elevation, or rising ground, under the sea; a shallow area of shifting sand, gravel, mud, and so forth (for example, a sandbank or mudbank).
(geography) A slope of earth, sand, etc.; an embankment.
(aviation) The incline of an aircraft, especially during a turn.
(rail transport) An incline, a hill.
A mass noun for a quantity of clouds.
(mining) The face of the coal at which miners are working.
(mining) A deposit of ore or coal, worked by excavations above water level.
(mining) The ground at the top of a shaft.
(aviation) To roll or incline laterally in order to turn.
To cause (an aircraft) to bank .
To form into a bank or heap, to bank up.
To cover the embers of a fire with ashes in order to retain heat.
To raise a mound or dike about; to enclose, defend, or fortify with a bank; to embank.
* Holland
(obsolete) To pass by the banks of.
A row or panel of items stored or grouped together.
* {{quote-news, year=2011
, date=December 10
, author=Marc Higginson
, title=Bolton 1 - 2 Aston Villa
, work=BBC Sport
A row of keys on a musical keyboard or the equivalent on a typewriter keyboard.
A bench, as for rowers in a galley; also, a tier of oars.
* Waller
A bench or seat for judges in court.
The regular term of a court of law, or the full court sitting to hear arguments upon questions of law, as distinguished from a sitting at nisi prius, or a court held for jury trials. See banc.
(archaic, printing) A kind of table used by printers.
(music) A bench, or row of keys belonging to a keyboard, as in an organ.
(uncountable) slang for money
A means of indemnity against a future occurrence of an uncertain event.
*{{quote-magazine, date=2012-01
, author=Philip E. Mirowski
, title=Harms to Health from the Pursuit of Profits
, volume=100, issue=1, page=87
, magazine=
The business of providing insurance.
Metaphoric: Any attempt to anticipate an unfavorable event.
Blackjack: A bet made after the deal, which pays off if the dealer has blackjack.
(countable) An insurance policy
* {{quote-news, year=2009, date=February 18, author=Cheryl Critchley, title=Free child care for Victorian bushfire victims, work=Herald Sun
, passage="The children need to get back to some level of normalcy and their families can certainly use some respite to deal with things such as insurances , licences and other things they have lost," he said. }}
As nouns the difference between bank and insurance
is that bank is an institution where one can place and borrow money and take care of financial affairs while insurance is a means of indemnity against a future occurrence of an uncertain event.As a verb bank
is to deal with a bank or financial institution.bank
English
Alternative forms
* (all obsolete)Etymology 1
From (etyl) banke, from (etyl) .Noun
(en noun)End of the peer show, passage=Finance is seldom romantic. But the idea of peer-to-peer lending comes close. This is an industry that brings together individual savers and lenders on online platforms.
- Let it be no bank or common stock, but every man be master of his own money.
- If you want to buy a bicycle, you need to put the money in your piggy bank .
Synonyms
* (controller of a card game) bankerDerived terms
* bankability * bankable * bank account * bank agent * bank balance * bank bill * bank book * bank card * bank charges * bank cheque * bank clerk * bank draft * banker * bank giro * bank holiday * bank interest * bank loan * bank manager * banknote * bank of deposit * bank of issue * bank paper * bank rate * bank reserves * bank statement * bank stock * blood bank * bottle bank * break the bank * banking * bankroll * central bank * clearing bank * cry all the way to the bank * databank * food bank * investment bank * * joint-stock bank * laugh all the way to the bank * memory bank * merchant bank * national bank * peat bank * penny bank * piggy bank * pot bank * prime bank * private bank * reserve bank * savings bank * sperm bank * spoil bank * state bank * stopbank * take it to the bank * trustee savings bank * World BankVerb
(en verb)- He banked with Barclays.
- I'm going to bank the money.
Derived terms
* bank onEtymology 2
(etyl) banke, from (etyl) .Noun
(en noun)- Tiber trembled underneath her banks .
Is this the end of Britishness", The Guardian , 16 September 2014:
- Just upstream of Dryburgh Abbey, a reproduction of a classical Greek temple stands at the top of a wooded hillock on the river’s north bank .
- the banks of Newfoundland
- The bank of clouds on the horizon announced the arrival of the predicted storm front.
- Ores are brought to bank .
Derived terms
* bank up * clay-bank * cloud bank * embank * embankment * land bank * Left Bank * left-bank * oyster bank * right-bank * river bank * sand bank * sea bank * West BankVerb
(en verb)- to bank sand
- banked well with earth
- (Shakespeare)
Etymology 3
(etyl) .Noun
(en noun)- a bank of switches
- a bank of pay phones
citation, page= , passage=Wanderers were finally woken from their slumber when Kevin Davies brought a fine save out of Brad Guzan while, minutes after the restart, Klasnic was blocked out by a bank of Villa defenders.}}
Etymology 4
Probably from (etyl) banc. Of German origin, and akin to English bench.Noun
(en noun)- Placed on their banks , the lusty Trojans sweep / Neptune's smooth face, and cleave the yielding deep.
- (Burrill)
- (Knight)
Anagrams
* 1000 English basic words ----insurance
English
Noun
(wikipedia insurance) (en-noun)citation, passage=In an era when political leaders promise deliverance from decline through America’s purported preeminence in scientific research, the news that science is in deep trouble in the United States has been as unwelcome as a diagnosis of leukemia following the loss of health insurance .}}
- The car was totalled, but fortunately I had insurance .
- After five years in banking, I switched to insurance .
- The sky was clear, but I took my umbrella for insurance .
- I only take insurance if the count is right.
citation