2. Noun. An institution, especially a financial institution, which is not a bank ¹
¹ Source: wiktionary.com
Definition of Nonbank
1. a business that is not a bank, but offers similar services [n -S]
Lexicographical Neighbors of Nonbank
Literary usage of Nonbank
Below you will find example usage of this term as found in modern and/or classical literature:
1. Germany: A Country Study edited by Eric Solsten (1999)
"nonbank Financing Ever since the collapse of the Berlin stock exchange after Hitler's
... To help promote nonbank financing and a greater German interest in ..."
2. International Trade: Current Government Data Provide Limited Insight Into by Loren Yager, Randolph C. Hite, Sigurd R. Nilsen (2005)
"... While prehensive State Data iot Exist Figure 9: Share of US Majority-Owned
nonbank Foreign Affiliate's Total Sales of Services Exported to the United ..."
3. Interstate Banking: Benefits & Risks of Removing Regulatory Restrictions by DIANE Publishing Company (1995)
"Although the act restricted bank holding companies in some ways, it permitted
them to establish nonbank subsidiaries and offices that carry out a variety of ..."
4. Bank Oversight Structure: U. S. and Foreign Experience May Offer Lessons for edited by Maja Wessels, Tamara Cross, Kristi Peterson (1997)
"Many nonbank subsidiaries of banks and bank holding companies are engaged ...
They may also provide information about nonbank subsidiaries of banks to the ..."
5. Industrial Loan Corporations: Recent Asset Growth and Commercial Interest by Richard J. Hillman (2006)
"Because the BHC Act defined a bank as a firm that did both of these activities,
a company could own or control a "nonbank bank" and avoid federal ..."
6. Foreign Direct Investment in the U. S.: An Update, Review and Analysis of by DIANE Publishing Company (1995)
"Majority-Owned US Affiliates The estimates presented thus far have covered the
operations of all US nonbank affiliates-that is, all US nonbank companies ..."