banking

banking, primarily the business of dealing in money and instruments of credit. Banks were traditionally differentiated from other financial institutions by their principal functions of accepting deposits—subject to withdrawal or transfer by check—and of making loans.

Sections in this article:

• Introduction
• Deregulation, Bank Failures, and New Technology
• Further Legislation
• Early Years to the Federal Reserve
• General History
• International Banks
• Other Financial Institutions
• Types of Banks
• Bibliography

The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2024, Columbia University Press. All rights reserved.

See more Encyclopedia articles on: Money, Banking, and Investment