nonbank

Definition of "nonbank"
  1. Pertains to, involves, or is conducted by an entity distinct from a bank
How to use "nonbank" in a sentence
  1. A lot of consumers are turning to nonbank services for convenience and flexibility.
  2. Due to strict regulations, some financial transactions are more efficiently conducted through nonbank entities.
  3. The financial regulator is increasing its scrutiny on nonbank lending institutions.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z