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Bank
Financial institution that uses funds deposited with it to lend money to companies or individuals, and also provides financial services to its customers. The first banks opened in Italy and Cataluña around 1400.
In 1900, half of the world's top ten banks were British; by 1950, the dominant banking nation had become the USA, with half of the world's top ten banks based there. In terms of assets, seven of the world's top ten banks in 1988 were Japanese.
© Research Machines plc 2008. All rights reserved. Helicon Publishing is a division of Research Machines plc.
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Bank of England
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cheque guarantee card
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European Free Trade Association
European Union
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International Monetary Fund
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student finance
taxation
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balance of payments
bank
Bank of England
borrowing (finance)
building society
capitalism
cheque
cheque guarantee card
command economy
council tax
credit (economics)
credit card
current account at a bank
debt
earnings
economic activity
electronic commerce
enterprise zone
euro
European Free Trade Association
European Union
finance, sources of
financial institution
free enterprise
free trade
gross domestic product
gross national product
hire purchase
income
inflation (economics)
interest
International Monetary Fund
loan
manufacturing industry
minimum wage
monetarism
mortgage
national debt
National Economic Development Council
nationalism (politics)
overdraft
pay
pension
private enterprise
private finance initiative
private sector
privatization
public sector
public spending
savings
savings account
service industry
single European currency
student finance
taxation
unemployment
wage
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